Postal Realty Holdings LLC has expanded its portfolio of postal properties with the off-market acquisition of a United States Postal Service facility in San Diego. JLL announced that the buyer purchased the 32,764-square-foot building, located at 5045 Shoreham Place, for $9.6 million. The asset is fully leased to the USPS and has been held by the seller, The MacDonald Family Trust, since 1999.
JLL senior vice presidents Brian Quinn and Bryan Cunningham represented The MacDonald Family Trust in the transaction. The deal reflects ongoing investor interest in stabilized, income-producing real estate leased to creditworthy tenants, even as broader market conditions continue to adjust.
According to JLL, the property is known as the USPS University City Annex and benefits from its location minutes from the I-805 and SR-52 freeways. This positioning provides convenient access to surrounding neighborhoods within the University City area and the larger San Diego market.
Quinn noted that as the capital markets environment normalizes, investors are focusing on well-tenanted, stabilized assets across property types. In line with this strategy, Postal Realty Holdings LLC, which invests exclusively in buildings leased to the United States Postal Service, intends to hold the San Diego property for the long term.
The transaction underscores the role of mission-critical, single-tenant facilities within investor portfolios, particularly when backed by a national government tenant. With the USPS occupying the building and the property situated near major transportation routes, the asset aligns with current demand for durable cash flow and strong location fundamentals.
This sale also highlights continued activity in specialized niche segments of the commercial real estate market, where experienced buyers pursue targeted acquisition strategies. In this case, Postal Realty Holdings LLC is adding another USPS-leased asset to its holdings through a direct, off-market negotiation.
