Postal Realty Trust Announces Closing of Follow-On Offering

Author's Avatar
Nov 19, 2021

Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,300 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last mile post offices to larger industrial facilities, today announced that it has completed its underwritten public offering of 4,887,500 shares of its Class A common stock for gross proceeds of $83 million, which includes the full exercise of the underwriters’ option to purchase additional shares.