CEDARHURST, N.Y., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the "Company"), today announced that Postal Realty Trust, Inc. and Postal Realty LP have received inaugural investment grade credit ratings of BBB with a Stable Outlook from Fitch Ratings, Inc. ("Fitch"). In addition, Fitch assigned a BBB rating to the Company's senior unsecured revolving credit facility and unsecured term loans.
“We are pleased to receive a BBB investment grade rating from Fitch, recognizing our predictable cash flows, conservative capital structure, and the essential role our portfolio plays as last-mile logistics infrastructure," stated Steve Bakke, Chief Financial Officer. "This milestone positions us to further capitalize on accretive acquisition opportunities by unlocking meaningful interest rate savings on our credit facility and supporting our access to additional forms of debt capital."
Key Rating Highlights cited by Fitch:
- Predictable cash flows from a mission-critical postal logistics portfolio leased to the United States Postal Service
- 94.2% unencumbered net operating income (NOI) pool
- 99.8% occupancy rate across 2,048 properties with a 99.6% historical lease retention rate
- Multi-year acquisition pipeline as the largest consolidator of USPS-leased real estate in a market of approximately 23,000 facilities
Forward Looking and Cautionary Statements:
This press release contains "forward-looking statements." Forward-looking statements include statements identified by words such as "could," "may," "might," "will," "likely," "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects," "continues," "projects" and similar references to future periods, or by the inclusion of forecasts or projections. Forward-looking statements, including, among others, statements regarding the Company's anticipated growth and ability to obtain financing and close on pending transactions on the terms or timing it expects, if at all, are based on the Company's current expectations and assumptions regarding capital market conditions, the Company's business, the economy, the Company's 2026 guidance, the Company's beliefs regarding AFFO growth, the Company's expectations regarding the settlement of open forward equity positions and other future conditions. Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, the Company's actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include the USPS's terminations or non-renewals of leases, changes in demand for postal services delivered by the USPS, the solvency and financial health of the USPS, competitive, financial market and regulatory conditions, disruption in market, general real estate market conditions, the Company's competitive environment and other factors set forth under "Risk Factors" in the Company's filings with the Securities and Exchange Commission. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
About Postal Realty Trust, Inc.
Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,300 properties leased primarily to the USPS. More information is available at postalrealtytrust.com.
Contacts:
Steve Bakke
EVP and Chief Financial Officer
Email: [email protected]
Phone: (516) 734-0420
Jordan Cooperstein
Senior Vice President of Finance, Capital Markets
Email: [email protected]
Phone: (516) 295-7820