Postal Realty Trust (PSTL) Launches 4.25M Share Offering

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Go back to Postal Realty Trust (PSTL) Launches 4.25M Share Offering

Postal Realty Trust Launches Public Offering of Class A Common Stock

November 15, 2021 4:05 PM EST

CEDARHURST, N.Y.--(BUSINESS WIRE)-- 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 the launch of a public offering of 4,250,000 shares of its Class A common stock. In addition, the Company expects to grant to the underwriters a 30-day option to purchase up to an additional 637,500 shares of Class A common stock.

The Company intends to... More