Real Estate

What Postal Realty Trust Sees In Its Future | National Real Estate Investor

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The U.S. Postal Service “has a virtual monopoly on the last mile,” according to REIT CEO Andrew Spodek. : When most of us hear “The check’s in the mail,” we perceive it as a brush-off. But for Andrew Spodek, CEO of Postal Realty Trust Inc., that phrase is a stamp of approval. The Cedarhurst, N.Y.-based REIT believes it’s the country’s largest owner and manager of leased U.S. Postal Service properties. The company’s portfolio of owned and managed postal facilities exceeds 1,000.

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