---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-102162"
form_type: "8-K"
ticker: "OLP"
cik: "0000712770"
company_name: "ONE LIBERTY PROPERTIES INC"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:19:25.767403+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# One Liberty Properties agrees to acquire two industrial properties in Alabama for $49M

## Summary
- Acquisition of 371,586 sq ft on ~31 acres in Theodore, AL for $49M; expected closing in early 2025.
- Properties are fully leased to two tenants with aggregate annual base rent of ~$3.1M and ~7-year weighted avg remaining lease term.
- Financing includes $29M ten-year mortgage at 6.12% (interest-only for 5 years, then amortizing on 30-year schedule).
- Annual rent increases generally range from 2.3% to 3.5%.

## SEC filing metadata
- accession: 0001213900-24-102162
- form_type: 8-K
- ticker: OLP
- cik: 0000712770
- company_name: ONE LIBERTY PROPERTIES INC
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/712770/000121390024102162/0001213900-24-102162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/712770/000121390024102162/ea0222161-8k_oneliberty.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-102162
- JSON: https://secwatch.observer/filing/0001213900-24-102162.json
- Plain text: https://secwatch.observer/filing/0001213900-24-102162.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.