Postal Realty Trust (PSTL) Launches 4.25M Share Offering

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Go back to Postal Realty Trust (PSTL) Launches 4.25M Share Offering

Postal Realty Trust (PSTL) Prices 4.25M Share Follow-on Offering at $17/sh

November 17, 2021 4:51 AM EST

Postal Realty Trust, Inc. (NYSE: PSTL), an internally managed real estate investment trust that owns and manages over 1,300 properties leased primarily to the United States Postal Service (the USPS), ranging from last mile post offices to larger industrial facilities, today announced the pricing of an underwritten public offering of 4,250,000 shares of its Class A common stock at a price to the public of $17.00 per share. As part of the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 637,500 shares of... More