Postal Realty amends management pacts for 362 CEO-affiliated properties, sets 4% fee

Postal Realty Trust, Inc.

Amended management agreements for 362 properties owned by CEO Andrew Spodek's family and affiliates; approved by independent Special Committee.
Initial management fee of 4.0% per annum of each property's gross revenue, payable quarterly, with 2.5% annual escalation each April 1.
Initial term through March 31, 2030, with auto-renewal for one-year terms; either party may terminate on 60 days' notice after Oct 1, 2025.
Additional $5,000 fee per property for financing services, capped at $50,000 per transaction.

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