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Postal Realty Trust Appoints Steve Bakke as Chief Financial Officer

Strategic Insights

— 1 min read

Postal Realty Trust, a leading real estate investment trust, has announced the appointment of Steve Bakke as Executive Vice President, Chief Financial Officer, and Principal Financial Officer. Bakke brings a wealth of experience in Capital Markets, Financial and Corporate Strategy, and Investor Relations, having previously served as Senior Vice President, Corporate Finance at Realty Income Corp. He will be based at the company's headquarters in Cedarhurst, NY, effective November 5, 2025.

Bakke's extensive experience on both the REIT buy side and sell side will bring a valuable perspective to the company as it continues to expand its portfolio. He joins Postal Realty Trust from Realty Income Corp., where he oversaw Capital Markets, Financial Planning & Analysis, and Investor Relations. Prior to Realty Income, he served as Senior Vice President of Capital Markets at Site Centers Corp.

"We are pleased to welcome Steve to Postal Realty Trust," stated Andrew Spodek, Chief Executive Officer. "Steve's track record of success and his extensive experience will complement us well as we continue to expand our portfolio."

Key Takeaways:

  • Steve Bakke joins Postal Realty Trust as Executive Vice President, Chief Financial Officer, and Principal Financial Officer, effective November 5, 2025.
  • Bakke brings over 20 years of experience in Capital Markets, Financial and Corporate Strategy, and Investor Relations.
  • He previously served as Senior Vice President, Corporate Finance at Realty Income Corp. and Senior Vice President of Capital Markets at Site Centers Corp.
  • Bakke holds a Bachelor of Science in Operations Research and Information Engineering from Cornell University and is a CFA Charterholder.
  • The company's appointment of Bakke follows a comprehensive search led by Marcus & Associates.
  • Postal Realty Trust owns and manages over 2,200 properties leased primarily to the United States Postal Service.

Statistics:

  • Over 2,200: The number of properties leased primarily to the United States Postal Service owned and managed by Postal Realty Trust.
  • 20+ years: The amount of experience Steve Bakke brings to Postal Realty Trust in Capital Markets, Financial and Corporate Strategy, and Investor Relations.
  • November 5, 2025: The effective date for Steve Bakke's appointment as Executive Vice President, Chief Financial Officer, and Principal Financial Officer.
  • 516-232-8900: The phone number for Investor Relations and Media Relations at Postal Realty Trust.

Sources:

  • Reuters
  • GlobeNewswire
  • CNN

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