Postal Realty Trust, Inc. Appoints Robert B. Klein as Chief Financial Officer
January 04, 2021 at 04:45 pm EST
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On December 30, 2020, the Board of Directors of Postal Realty Trust, Inc. appointed Robert B. Klein to serve as the Chief Financial Officer of the Company, effective January 1, 2021. Mr. Klein, age 45, previously served as a Managing Partner and head of capital markets at Monday Properties Services, LLC (“Monday Properties”) since June 2016, where he led the strategic growth of the firm. From 1998 to the time he joined Monday Properties, Mr. Klein served in various roles, including most recently as a Managing Director, in the Real Estate Advisory Group at Evercore Group L.L.C. (“Evercore”) and advised public and private companies and special committees on mergers and acquisitions, joint ventures, strategic partnerships, portfolio acquisitions and sales, restructuring transactions, IPOs and strategic alternatives.
Postal Realty Trust, Inc. is an internally managed real estate investment trust (REIT). The Company conducts its business through an Umbrella Partnership REIT (UPREIT) structure in which its properties are owned by its Postal Realty LP (Operating Partnership) directly or through limited partnerships, limited liability companies or other subsidiaries. It is focused on acquiring and managing properties leased primarily to the United States Postal Service (the USPS), ranging from last-mile post offices to industrial facilities. The Company owns and manages over 1,509 properties leased primarily to the USPS. Its property types include flex, industrial and last mile. The properties are located in 49 states and one territory, totaling approximately 5.9 million net leasable interior square feet in the aggregate. The Company provides fee-based third-party property management services for an additional 397 properties. Its properties include Bishopville, Gray, Michigamme, Pauline, and others.