---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-094143"
form_type: "8-K"
ticker: "PSTL"
cik: "0001759774"
company_name: "Postal Realty Trust, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:12:56.340446+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Postal Realty Q3: FFO $0.24/shr, AFFO $0.30/shr; lease escalations; debt refi

## Summary
- Q3 net income $1.1M ($0.03/shr); FFO $7.1M ($0.24/shr); AFFO $8.8M ($0.30/shr). Revenue up 22% YoY.
- Acquired 35 USPS properties for $13.3M at 7.5% cap; portfolio 99.6% occupied, 6.3M sq ft.
- New leases on 55% of 2023 expired rent and 78% of 2024; all include 3% annual escalations. Catch-up payments $1.4M and $0.4M.
- Subsequent: added $50M term loan commitments, drew $40M to pay revolver; interest rate swap fixes at 5.37% through Feb 2028.
- Q4 dividend $0.24/shr ($0.96 annualized), payable Nov 29, 2024 to holders of record Nov 4.

## SEC filing metadata
- accession: 0001213900-24-094143
- form_type: 8-K
- ticker: PSTL
- cik: 0001759774
- company_name: Postal Realty Trust, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759774/000121390024094143/0001213900-24-094143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759774/000121390024094143/ea0219731-8k_postal.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-094143
- JSON: https://secwatch.observer/filing/0001213900-24-094143.json
- Plain text: https://secwatch.observer/filing/0001213900-24-094143.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.