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Postal Realty Trust, Inc. to Ring the NYSE Closing Bell on May 31
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Rhea-AI Summary
Postal Realty Trust, Inc. (NYSE: PSTL) celebrates its three-year anniversary as a public company by ringing The Closing Bell at the NYSE on May 31, 2022. The company, which manages over 1,400 properties leased primarily to the United States Postal Service, reports significant growth since its IPO, quadrupling its annualized base rent. CEO Andrew Spodek will lead the ceremony alongside stakeholders, marking a notable milestone.
Positive
Grown the portfolio to over 1,400 properties leased to USPS.
Quadrupled annualized base rent since IPO.
Negative
None.
Celebrates Three Years as Public Company
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 1,400 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to larger industrial facilities, announced today that the Company will celebrate three years as a public company trading on the New York Stock Exchange (NYSE) by ringing The Closing Bell® at 4 p.m. EST on Tuesday, May 31, 2022. Andrew Spodek, Chief Executive Officer, will be joined by members of the Company, the Board of Directors and invited guests at the bell-ringing to commemorate the occasion.
“I am honored to be standing with our team and stakeholders to mark the milestone of our three-year anniversary as a publicly traded company,” said Andrew Spodek, Chief Executive Officer. “Since our IPO, we have grown our owned and managed portfolio of properties leased to the United States Postal Service to more than 1,400 properties and have more than quadrupled our annualized base rent and we’ve only gotten started.”
A live webcast of The Closing Bell (at 4 p.m. EST) will be available on the NYSE website at www.nyse.com/bell.
About Postal Realty Trust, Inc.
Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,400 properties leased primarily to the USPS. More information is available at postalrealty.com.