Postal Realty Trust, Inc. Provides Fourth Quarter and Full Year 2025 Update

Core Insights - Postal Realty Trust, Inc. acquired 216 properties for approximately $123 million in 2025, reflecting a 20% growth in its asset base from year-end 2024 [2][3] - The company maintains a strong balance sheet with 89% of its debt set to fixed rates and no debt maturities until 2028 [6] Acquisition Activity - In 2025, the company acquired 216 properties leased to the USPS, totaling approximately 642,000 net leasable square feet with a weighted average rental rate of $16.24 per square foot [2] - For the fourth quarter of 2025, the company acquired 65 properties for approximately $29.1 million, comprising about 142,000 net leasable square feet at a weighted average cash capitalization rate of 7.5% [4] Portfolio and Financial Metrics - As of December 31, 2025, the company's portfolio was 99.8% occupied, consisting of 1,917 properties across 49 states and one territory, with approximately 7.1 million net leasable square feet [5] - The weighted average rental rate for occupied properties was $11.88 per square foot, with $14.09 for last-mile and flex properties, and $4.23 for industrial properties [5] Debt and Capital Structure - At year-end 2025, 89% of the company's outstanding debt was fixed rate, with a weighted average interest rate of 4.38% [6] - The company raised gross proceeds of $12.6 million and $48.4 million through its at-the-market offering program by issuing shares at average prices of $15.63 and $15.34, respectively [7] Share Count - As of December 31, 2025, there were 34,104,349 fully diluted shares outstanding, with a weighted average fully diluted share count of 33,620,211 for the fourth quarter [8]