---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-001047"
form_type: "8-K"
ticker: "PSTL"
cik: "0001759774"
company_name: "Postal Realty Trust, Inc."
filed_at: "2024-01-10T23:59:59+00:00"
generated_at: "2026-06-07T00:59:24.498735+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Postal Realty acquires 223 USPS properties for $78M in 2023 at 7.7% cap rate

## Summary
- FY 2023: acquired 223 properties leased to USPS for $78M (excl. closing costs) at 7.7% weighted avg cap rate.
- Q4 2023: acquired 75 properties for $20.7M at 7.7% cap rate; collected 100% of contractual rents.
- Portfolio 99.7% occupied with 1,509 properties; 5.9M sq ft; weighted avg rent $9.37/sq ft.
- 96% of debt fixed rate; $141M undrawn on credit facility; weighted avg interest rate 4.14%.
- Settled 198,847 forward shares at $15.02; issued 227,256 ATM shares at $14.32 avg; 450,818 OP units at $14.01.

## SEC filing metadata
- accession: 0001628280-24-001047
- form_type: 8-K
- ticker: PSTL
- cik: 0001759774
- company_name: Postal Realty Trust, Inc.
- filed_at: 2024-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759774/000162828024001047/0001628280-24-001047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759774/000162828024001047/pstl-20240110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-001047
- JSON: https://secwatch.observer/filing/0001628280-24-001047.json
- Plain text: https://secwatch.observer/filing/0001628280-24-001047.txt

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