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Postal Realty Trust reported its Q1 2021 results, highlighting the acquisition of 54 USPS properties for $25.8 million, maintained 100% rent collection and occupancy, and strengthened its capital structure. The company also executed early renewal notice for 135 properties.
Acquired 54 USPS properties for $25.8 million.
Collected 100% of rents and maintained 100% occupancy.
Executed an early renewal notice for 135 properties.
Raised approximately $57.0 million in gross proceeds from the sale of approximately 3.7 million shares of its Class A common stock.
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