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PSTL

13.21000 USD
0.09
0.68%
Last update Apr 25, 3:59 PM EDT
Market closed
Day range
13.11000
13.33910
Previous close
13.30000
Open
13.25
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Postal Realty Trust, Inc.
13.21
0.09
0.68%

Overview

Description

Postal Realty Trust, Inc. is a real estate investment trust (REIT) that specializes in acquiring and managing properties leased to the United States Postal Service (USPS). As a niche player within the real estate sector, its primary focus is on postal real estate, providing a unique investment vehicle that capitalizes on the enduring role of the USPS in the national infrastructure. The company actively manages a broad portfolio of postal properties across the United States, ensuring stability through long-term lease agreements with a government entity. By concentrating on a specific tenant, Postal Realty Trust, Inc. mitigates risks commonly associated with tenant diversity, while benefiting from the USPS's consistent demand for postal facilities. This singular focus enhances the REIT's market significance by delivering specialized real estate solutions catered to a pivotal federal agency, supporting its logistical and operational needs across various geographic locations.

About

CEO
Mr. Andrew Spodek
Employees
45
Address
75 Columbia Avenue
Cedarhurst, 11516-2011, NY
United States
Phone
516 295 7820
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Office
Country
United States
MIC code
XNYS
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Trading Hours (Monday - Friday):

Pre-market
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09:30 - 16:00
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