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Postal Realty Trust highlights growth runway in postal facilities market

The REIT owns about 9% of leased U.S. postal facilities, with demand tied to the Postal Service shift toward last-mile logistics and delivery expansion.

Reported · Written up by our desk · REITs

Postal Realty Trust CEO Andrew Spodek said the REIT’s specialized exposure to U.S. Postal Service properties offers a mix of stability and long-term growth opportunities, in an interview recorded during Nareit’s REITweek: 2026 Investor Conference in New York on June 1 to 4.

Spodek said demand for mission-critical postal facilities has strengthened as package delivery has expanded, shifting the Postal Service’s focus from traditional mail to last-mile logistics. He also described rent payments as consistently on time, adding that the Postal Service rarely relocates facilities, which has supported a tenant retention rate above 99% over more than a decade, according to Nareit.

The Postal Service serves roughly 170 million delivery points six to seven days a week, leaving postal infrastructure positioned as essential nationwide, Nareit reported. Spodek noted that roughly 23,000 leased postal facilities exist and that Postal Realty Trust owns only about 9% of that market, while ownership is spread across about 17,000 to 18,000 landlords, leaving room for expansion.

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