One Liberty Properties Acquires Industrial Property for $10 Million
One Liberty Properties, Inc. (OLP)
Last one liberty properties, inc. earnings: 3/13 04:15 pm
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US:NYSE Investor Relations:
1liberty.com/investor_relations
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Source: GlobeNewswire
GREAT NECK, N. Y., Dec. 13, 2018 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), announced that it acquired a 120,000 square foot Class A industrial property on 8.64 acres located in Green Park, Missouri, a suburb of St. Louis for $10.0 million, representing an approximately 7.2% cap rate. The building is net leased to a subsidiary of Dufresne Spencer Group Holdings, LLC, the largest licensee of Ashley Furniture. The lease, which is guaranteed by Dufresne, expires at the end of 2023. The facility, which was built in 2008, features concrete tilt walls, has 38’ clear height, and is used primarily for warehouse and distribution purposes. The property is well located in a dense infill location less than 10 miles from downtown St. Louis, with excellent access to major transportation thoroughfares, including I-55 and I-270. Forward Looking Statement: Certain information contained in this press release, together with other statements and information publicly
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News
- One Liberty Properties, Inc. (NYSE: OLP) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- One Liberty Properties Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- One Liberty Properties Reports First Quarter 2024 ResultsGlobeNewswire
- One Liberty Properties, Inc. (NYSE: OLP) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- One Liberty Properties, Inc. (NYSE: OLP) had its price target raised by analysts at B. Riley from $24.00 to $25.00. They now have a "buy" rating on the stock.MarketBeat
OLP
Earnings
- 5/7/24 - Beat
OLP
Sec Filings
- 5/7/24 - Form 10-Q
- 5/7/24 - Form 8-K
- 4/22/24 - Form ARS
- OLP's page on the SEC website