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

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Postal Realty Trust (PSTL) Launches 4.25M Share Offering

November 15, 2021 4:06 PM 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 launch of a public offering of 4,250,000 shares of its Class A common stock. In addition, the Company expects to grant to the underwriters a 30-day option to purchase up to an additional 637,500 shares... More