other material
confidence high
sentiment neutral
materiality 0.50
One Liberty Properties acquires 10 industrial properties for $56.7M
ONE LIBERTY PROPERTIES INC
- Acquired 637,633 sq ft fully-leased portfolio for $56.7M on Jan 29, 2026.
- Tenants: Mondelez Global, Husqvarna, L&W Supply, Owens & Minor, Bimbo Bakeries, HABE USA.
- Weighted avg remaining lease term 3.1 yrs; tenants averaged >16 yrs occupancy.
- Contracted base rent for next 12 months ~$3.0M; estimated $4.1M after anticipated renewals.
- Financed with $17M mortgage (5.53% fixed, 7.5 yr) and ~$30M drawn on $100M credit facility.