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Stock impact report

One Liberty Properties Acquires Industrial Property

One Liberty Properties, Inc. (OLP) 
Last one liberty properties, inc. earnings: 3/13 04:15 pm Check Earnings Report
US:NYSE Investor Relations: 1liberty.com/investor_relations
Company Research Source: GlobeNewswire
GREAT NECK, N.Y., Dec. 10, 2018 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), announced that it acquired a 220,000 square foot industrial property on 15.74 acres located in Bakersfield, California, for $10.9 million.  The building is net leased to The Men’s Warehouse, Inc., the primary operating subsidiary of Tailored Brands, Inc. (NYSE:TLRD).  The lease provides for an annual base rent of $667,000 increasing, in early 2019, to $734,000 through lease expiration in 2024. The facility, to which the tenant has made significant improvements, is used primarily for warehouse and distribution purposes.  The property is well located near major transportation thoroughfares, including I-5 and CA SR 99, and serves as a centralized point for the tenant’s West Coast distribution activities. Forward Looking Statement: Certain information contained in this press release, together with other statements and information publicly disseminated by One Liberty Properties, Inc. is forwa Show less Read more
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