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OLP - Mergers and acquisitions
One Liberty Properties Inc. (OLP) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for OLP
- One Liberty Properties Reports Fourth Quarter and Full Year 2025 Results– Approximately 82% of Annual Base Rent from Industrial Properties –– Acquires 23 Industrial Properties for $245.5 Million in 2025 and Subsequent to Year End –– Completes Sale of 12 Non-Core Assets for $61.3 Million of Net Proceeds in 2025 – GREAT NECK, N.Y., March 05, 2026 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on the ownership of industrial properties, today announced operating results for the quarter and year ended December 31, 2025. "We have successfully transformed One Liberty into a predominantly industrial-focused platform, comprising 82% of our annual base rent, after completing $246 million in strategic acquisition
- One Liberty Properties Acquires Ten Industrial Properties, Comprising 637,633 sf Across Seven Logistics Markets– 79 Industrial Properties Will Comprise 82% of Total Portfolio Base Rent –– Properties Afford Meaningful Long-Term Mark-to-Market Opportunity –– Record Industrial Acquisition Activity Adds $246 Million Over the Last 12 Months – GREAT NECK, N.Y., Jan. 29, 2026 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on the ownership of industrial properties, today announced it has acquired a 637,633 square foot portfolio of ten well-located industrial properties, below replacement cost. The ten-property portfolio is 100% leased to six tenants, each of which has a global or national presence. The two largest tenants are wholly owned subsidiaries o
- One Liberty Properties Completes Purchase of a Six Building Multi-Tenant Industrial Property for $53.5 Million– 70 Industrial Properties Comprise Over 80% of Total Portfolio Base Rent for 2026 – – Record Industrial Acquisition Year With $188.8 Million Completed Year to Date – GREAT NECK, N.Y., Dec. 22, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on the ownership of industrial properties, today announced the completion of the previously announced acquisition of a 397,440 square foot, six building, multi-tenant industrial property located in Sewickley, Pennsylvania, for $53.5 million. The portfolio is 93% leased to 16 tenants, anchored by Amazon, Linde Gas, a Fortune Global 2000 multinational chemical company, The Macomb Group, and Safel
- One Liberty Properties Announces 132nd Consecutive Quarterly Dividend– Increased or Maintained Dividend for 33 Consecutive Years – GREAT NECK, N.Y., Dec. 09, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on January 6, 2026 to stockholders of record at the close of business on December 22, 2025. The Company estimates that for federal income tax purposes, more than 90% of this dividend will be included in 2026 taxable income and that approximately 50% of the dividends attributable to 2025 will be treated as capital gains. One Liberty has increased or maintained its dividend for 33 consecutive
- One Liberty Properties Reports Third Quarter 2025 Results– Approximately 80% of Annual Base Rent from Industrial Properties at Quarter End –– Acquired Industrial Property for $23M and Agreed to Acquire Six Building Industrial Portfolio for $53.5M After Quarter End –– Completed Sale of Non-Core Asset for Net Proceeds of $17.7M After Quarter End – GREAT NECK, N.Y., Nov. 06, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on the ownership of industrial properties, today announced operating results for the quarter ended September 30, 2025. "Our portfolio transformation towards industrial properties continues, with approximately 80% of our ABR generated from this sector at quarter end," state
- One Liberty Properties Announces 131st Consecutive Quarterly Dividend– Increased or Maintained Dividend for Over 31 Consecutive Years – GREAT NECK, N.Y., Sept. 10, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on October 6, 2025 to stockholders of record at the close of business on September 24, 2025, and represents One Liberty's 131st consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 31 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in
- One Liberty Properties Reports Second Quarter 2025 Results– Enters Agreement to Acquire Industrial Property for $24.0 Million Bringing 2025 Acquisitions to Over $112 Million – – Completes Sale of Three Retail Assets for $6.5 Million Gain – GREAT NECK, N.Y., Aug. 05, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on industrial properties, today announced operating results for the quarter ended June 30, 2025. "We are pleased that the transformation of our portfolio to primarily industrial properties contributed positively to our results this quarter," stated Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty. "During the quarter we entered into an agreement to ad
- One Liberty Properties Announces 130th Consecutive Quarterly Dividend– Increased or Maintained Dividend for Over 31 Consecutive Years – GREAT NECK, N.Y., June 05, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on July 9, 2025 to stockholders of record at the close of business on June 25, 2025, and represents One Liberty's 130th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 31 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. Th
- One Liberty Properties Reports First Quarter 2025 Results— Closes on Previously Announced Purchase of Four Industrial Properties for $88.3 Million —— Completes Sale of Two Non-Industrial Assets for a $1.1 Million Gain — GREAT NECK, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (the "Company" or "One Liberty") (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended March 31, 2025. "We continue to focus on evolving our portfolio towards industrial assets. With the closing of an additional $88 million for four industrial properties and the sale of two non-industrial assets, we further strengthened our industrial platform with approximately 7
- One Liberty Properties Reports Fourth Quarter and Full Year 2024 Results– Acquired Three Industrial Properties in 2024 for $44.7 Million –– Acquires Three Industrial Assets for $62.3 Million in First Quarter 2025 –– Signed Definitive Agreement to Acquire Industrial Property for $26 Million –– Declared 129th Consecutive Quarterly Dividend – GREAT NECK, N.Y., March 05, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused primarily on net leased industrial properties, today announced operating results for the quarter and year ended December 31, 2024. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented, "We are proud of our successful efforts, over the past several years,
- One Liberty Properties Announces 129th Consecutive Quarterly DividendGREAT NECK, N.Y., March 05, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on April 4, 2025 to stockholders of record at the close of business on March 27, 2025, and represents One Liberty's 129th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 31 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified
- One Liberty Properties Purchases Two Premium Industrial Properties for $49 Million– Base Rent from Our Industrial Portfolio Now Exceeds 72% of All Base Rent – – Closes on the Sale of Retail and Health & Fitness Properties for $23 Million and Will Realize Over $6.6 Million in Gains – GREAT NECK, New York, Jan. 22, 2025 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased industrial properties, today announced the completion of the previously announced acquisition of two Class A industrial properties located in the Mobile, Alabama MSA, for $49 million. The two properties comprise an aggregate of 371,586 square feet and are located on approximately 31 acres. There are four tenants—Simpson Manufacturing (NYSE:SS
- One Liberty Properties Announces 128th Consecutive Quarterly Dividend– Increased or Maintained Dividend for Over 30 Consecutive Years – GREAT NECK, N.Y., Dec. 12, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on January 6, 2025 to stockholders of record at the close of business on December 23, 2024, and represents One Liberty's 128th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1
- One Liberty Properties Reports Third Quarter 2024 Results— Closes on Previously Announced Purchase of Industrial Property For $33.0 Million —— Completes Sales and Secures Sales Agreements for Six Properties for an Estimated Gain of Approximately $9 Million — GREAT NECK, N.Y., Nov. 05, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased industrial properties, today announced operating results for the quarter ended September 30, 2024. "We continue to evolve the portfolio towards industrial assets, with approximately 70% of our base rent being derived from this property sector. Our recent $33 million purchase of an industrial property further strengthens our industrial platform an
- One Liberty Properties Announces 127th Consecutive Quarterly DividendGREAT NECK, N.Y., Sept. 11, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on October 2, 2024 to stockholders of record at the close of business on September 24, 2024, and represents One Liberty's 127th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diver
- One Liberty Properties Reports Second Quarter 2024 Results– Enters into Contracts to Acquire Two Industrial Properties for $61.6 million – – Closes on Purchase of Two Industrial Properties for Approximately $11.7 Million – – Completes Sales of Six Properties For $7.4 Million Gain – GREAT NECK, N.Y., Aug. 06, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended June 30, 2024. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented, "We are pleased that during the second quarter, we added two industrial properties to our portfolio and that we have entered into contracts to add, in t
- One Liberty Properties Signs Agreement to Purchase 236,000 Square Foot Industrial Property for $28.3 Million– Upon Closing Company Will Have Added Four Industrial Properties for Over $73 Million in 2024 – GREAT NECK, N.Y., Aug. 01, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced it has entered into a contract to acquire, subject to due diligence review, its fourth industrial property in 2024. The property is a Class A concrete tilt-wall constructed 236,324 square foot industrial building located on approximately 23.5 acres in Council Bluffs, Iowa (the Omaha, Nebraska MSA), at a price of $28.3 million. This is the second property the Company will add in this location in 2024. The property has two
- One Liberty Properties Announces 126th Consecutive Quarterly DividendGREAT NECK, N.Y., June 10, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on July 9, 2024 to stockholders of record at the close of business on June 25, 2024, and represents One Liberty's 126th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified po
- One Liberty Properties Reports First Quarter 2024 Results—Closes Acquisition of Industrial Property——Sells Two Assets and Secures Contracts for Three Additional Sales — GREAT NECK, N.Y., May 07, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (the "Company" or "One Liberty") (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended March 31, 2024. "We remained focused on the goal of transforming our portfolio towards industrial ownership in the first quarter, working to execute on targeted and opportunistic sales and strategic acquisitions. These efforts led to the sale during the quarter of a restaurant, and subsequent to quarter end, to the addition of a
- One Liberty Properties Reports Fourth Quarter and Full Year 2023 Results– Occupancy at 98.8% – – Paid-Off $21.8 Million of Credit Facility Debt – – Declared 125th Consecutive Quarterly Dividend – – Repurchased $9.6 Million of Shares in 2023 – GREAT NECK, N.Y., March 05, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused primarily on net leased industrial properties, today announced operating results for the quarter and year ended December 31, 2023. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented, "2023 marked another year of positive progress as a significant owner of industrial properties due to our transactional activity. We anticipate realiz
- One Liberty Properties Announces 125th Consecutive Quarterly Dividend– Increased or Maintained Dividend for Over 30 Consecutive Years – GREAT NECK, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on April 4, 2024 to stockholders of record at the close of business on March 27, 2024, and represents One Liberty's 125th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 198
- One Liberty Properties Raises $63 Million From Sale of 12 Assets in 2023– Closes On Six Previously Announced Asset Sales in Fourth Quarter –– Industrial Portfolio Expected to Represent 66% of 2024 Base Rent – GREAT NECK, N.Y., Dec. 21, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), an owner and manager of a geographically diversified portfolio consisting primarily of net-leased industrial properties, announced that it completed the sale of 12 assets for $63 million in 2023. During the fourth quarter, the Company closed on previously announced sales of three restaurant properties and two retail properties for an aggregate sales price of $23 million. The Company estimates it will receive approximately $19 million of net proce
- One Liberty Properties Announces 124th Consecutive Quarterly Dividend– Increased or Maintained Dividend for Over 30 Consecutive Years – – Increases Current Share Repurchase Authorization – GREAT NECK, N.Y., Dec. 05, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on January 5, 2024 to stockholders of record at the close of business on December 20, 2023, and represents One Liberty's 124th consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years. The Company estimates that a significant portion of this dividend will be included in 2023
- One Liberty Properties Announces Asset Sales for $32 Million– Closes Sales of Three Properties –– Agrees to Sell Five Additional Assets –– Refinances Two Industrial Properties – GREAT NECK, N.Y., Nov. 30, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), an owner and manager of a geographically diversified portfolio consisting primarily of industrial properties, announced that it completed the sale of two restaurant properties and a portion of a retail property for a an aggregate sales price of approximately $8.7 million. The Company anticipates producing an aggregate gain on these sales of approximately $2.7 million. The Company also entered into non-cancellable agreements to sell three restaurant properties and two retail pr
- One Liberty Properties Reports Third Quarter 2023 Results— Rental Income Grew 4.7% Year-over-Year — — Repurchases $2.5 Million of Shares Subsequent to Quarter End and $9.1 Million in 2023 — GREAT NECK, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended September 30, 2023. "We are pleased that our efforts to transform our portfolio towards industrial ownership is producing the growth we had anticipated. This is marked by our second consecutive quarter of year-over-year rental income growth of over 4%. We also grew operating cashflow in the third quarter over the same prior year
- One Liberty Properties Announces 123rd Consecutive Quarterly DividendGREAT NECK, N.Y., Sept. 20, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on October 11, 2023 to stockholders of record at the close of business on October 3, 2023, and represents One Liberty's 123rd consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversi
- Rainbow Realty Group Acquires Industrial Building in Sacramento for $4.0 Million and Closes on $5.85 Million Bank LoanNEW YORK, Aug. 9, 2023 /PRNewswire/ -- Rainbow Realty Group, LLC and Rainbow Realty Group II, LLC (collectively "Rainbow") and MJ Real Estate Investment Trust ("MJ REIT"), nationwide owners and lenders of real estate to the US cannabis industry, today announced that it acquired, in a sale-leaseback, a 21,600 square foot modern concrete industrial building located in Sacramento for $4.0 million. The going-in unlevered cap rate on the transaction is 12.6%. At closing, the tenant entered into a 15-year absolute net lease. The Tenant, who has been a profitable operator in Califo
- One Liberty Properties Reports Second Quarter 2023 Results— Rental Income Grew 4.2% Year-over-Year — — Company Repurchases $1.5 Million of Shares — GREAT NECK, N.Y., Aug. 03, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended June 30, 2023. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented "We are pleased that our efforts resulted in 4.2% growth in rental income for the second quarter over the corresponding prior year quarter. Despite the challenging macro-economic backdrop, we continue to make progress in growing revenue and enhancing our portfolio. Our efforts, incl
- One Liberty Properties Adds to Industrial Property Portfolio With $13.4 Million PurchaseGREAT NECK, N.Y., July 13, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geographically diversified, today announced that it added to its industrial property portfolio with the acquisition of a 177,040 square foot industrial distribution center located on 10.5 acres in a suburb of Columbia, South Carolina, for $13.4 million. The price includes the assumption of $4.3 million of mortgage debt with an interest rate of 4.6% and approximately six years of remaining term to maturity. The modern facility features concrete tilt-wall construction, 28-foot clear height, and shall
- One Liberty Properties Announces 122nd Consecutive Quarterly DividendGREAT NECK, N.Y., June 13, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on July 6, 2023 to stockholders of record at the close of business on June 26, 2023, and represents One Liberty's 122nd consecutive quarterly dividend. One Liberty has increased or maintained its dividend for over 30 consecutive years. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified po
- One Liberty Properties Reports First Quarter 2023 ResultsGREAT NECK, N.Y., May 04, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended March 31, 2023. "We are pleased that the work we have undertaken the past few years to transform our holdings toward owning a greater percentage of industrial properties is contributing in a positive manner" stated One Liberty's President and Chief Executive Officer, Patrick J. Callan, Jr. "We are also proud that our portfolio produced 7.0% growth in rental income for the first quarter of 2023 in a challenging macro-economic environment marked by rising rates. As we move
- One Liberty Properties Reports Fourth Quarter and Full Year 2022 Results– Leased over 1.1 Million Square Feet in 2022 – – Occupancy At 99.8% – GREAT NECK, N.Y., March 13, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter and year ended December 31, 2022. "We are excited that we delivered per share net income and AFFO growth as we continue our efforts to produce increasing value over time," commented Patrick J. Callan, Jr., One Liberty Properties President and Chief Executive. "Revenues and AFFO grew in the fourth quarter and all of 2022, as we effectively navigated the challe
- One Liberty Properties Announces DividendGREAT NECK, N.Y., March 13, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on April 4, 2023 to stockholders of record on March 27, 2023. This dividend represents One Liberty's 121st consecutive quarterly dividend. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial properties. Many of these properties are subject to l
- One Liberty Properties, Inc. Announces Cash DividendGREAT NECK, N.Y., Dec. 07, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.45 per share. The dividend is payable on January 5, 2023 to stockholders of record as of the close of business on December 20, 2022. This dividend represents One Liberty's 120th consecutive quarterly dividend. The Company estimates that a significant portion of this dividend will be included in 2022 taxable income. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires
- One Liberty Properties Increases Industrial Property Portfolio With $17.2 Million PurchaseGREAT NECK, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geographically diversified, today announced that it increased its industrial property portfolio with the acquisition of two industrial warehouses with an aggregate of approximately 252,000 square feet and related trailer parking lot located on 18.2 acres in Northwood, Ohio, a suburb of Toledo for $17.2 million. The price includes the assumption of $6.0 million of mortgage debt with an interest rate of 3.57% and approximately 7.2 years of remaining term to maturity. The properties are leased to seve
- One Liberty Properties, Inc. Expands Revolving Credit Facility Flexibility and TermGREAT NECK, N.Y., Nov. 09, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) entered into an amendment to its $100 million credit facility which extends the facility through December 2026, increases the amount available to be borrowed for renovation and operating expense purposes to the lesser of $40 million and 40% of the borrowing base, provides that the interest rate will be based on 30-day SOFR and requires compliance with certain amended and additional covenants. Net proceeds received from the sale, financing or refinancing of properties are generally required to be used to repay amounts outstanding under the facility. Patrick J. Callan, Jr., President and Chief Execut
- One Liberty Properties Reports Third Quarter 2022 Results- Sold One Property for $4.1 Million Gain - - Same-Store Rental Income Increases - - Subsequent to Quarter End Secured Two Industrial Property Lease Extensions - GREAT NECK, N.Y., Nov. 03, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended September 30, 2022. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty, stated, "We are pleased the portfolio demonstrated year-over-year rental income growth, given the challenging economic backdrop of rising interest rates, inflation and volatile markets. In light of these uncertain co
- One Liberty Properties Announces Dividend and Expands Share Repurchase AuthorizationGREAT NECK, N.Y., Sept. 15, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend will be payable on October 7, 2022 to stockholders of record as of the close of business on September 27, 2022. This dividend represents One Liberty's 119th consecutive quarterly dividend. OLP also announced that the Board approved an approximate $5.2 million increase to its existing share repurchase authorization. The expansion is in addition to the approximately $2.3 million remaining on the current repurchase authorization, resulting in share repurchase author
- One Liberty Properties Reports Second Quarter 2022 Results– Purchased 3 Industrial Properties – – Property Sales Generated $8.1 Million of Gains – GREAT NECK, N.Y., Aug. 03, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended June 30, 2022. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty stated, "As part of our ongoing efforts to reposition the portfolio to produce sustained growth and further support our dividend, we purchased three industrial properties during the quarter. As we continue our efforts to maximize returns on invested capital, in addition to accretive acquisitions, we
- One Liberty Properties Announces DividendGREAT NECK, N.Y., June 09, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on July 6, 2022 to stockholders of record at the close of business on June 21, 2022. This dividend represents One Liberty's 118th consecutive quarterly dividend. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial properties. Many of these prope
- One Liberty Properties Increases Industrial Property Portfolio With $17.0 Million PurchaseGREAT NECK, N.Y., May 12, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets, today announced that it acquired a 213,000 square foot industrial building located in Dalton, Georgia for $17.0 million. The property is leased through mid-2032 to Q.E.P. Co., Inc., a manufacturer and distributor of flooring and installation solutions for commercial and home applications. The net lease provides for an annual base rent of approximately $883,000 with annual increases of 3.0% beginning in 2023. The Class B facility, which was constructed in 1996, has good access to I-75, is located between Chat
- One Liberty Properties Reports First Quarter 2022 Results– Acquires Additional Industrial Property – – Property Sales Generate Gains of $4.6 Million and $6.9 Million in the First Quarter and Second Quarter, Respectively – GREAT NECK, N.Y., May 05, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended March 31, 2022. "We continue to evolve our portfolio to maximize long-term cash flow to support our dividend," commented Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty. "While we continue to pursue acquisitions of additional industrial properties and other select assets, during this tim
- One Liberty Properties Reports Fourth Quarter and Full Year 2021 Results~ Occupancy at Quarter-End 99.2 % ~~ Strong Leasing in 2021 Positions Company for the Long-Term ~ GREAT NECK, N.Y., March 10, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter and year ended December 31, 2021. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty, "While successfully navigating the pandemic, we extended the term of significant leases and tenancies, and are pleased to end 2021 with occupancy at 99.2%. We also continue to successfully transform our portfolio to industrial focused properties as we believe t
- One Liberty Properties Announces DividendGREAT NECK, N.Y., March 10, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable on April 7, 2022 to stockholders of record on March 24, 2022. This dividend represents One Liberty's 117th consecutive quarterly dividend. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial properties. Many of these properties are subject to l
- One Liberty Properties Increases Industrial Property Portfolio With $8.1 Million PurchaseGREAT NECK, N.Y., Jan. 11, 2022 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geographically diversified, today announced that it acquired a 53,000 square foot industrial building located in Fort Myers, Florida for $8.1 million. The property is leased through 2030 to Conditioned Air Company of Naples, LLC, a commercial and residential HVAC installer in southwest Florida, and a portfolio company of Gemini Investors. The triple-net lease provides for an annual base rent of approximately $443,000 with annual increases of 3.8% beginning in 2023. The Class A facility, which was co
- One Liberty Properties, Inc. Announces Cash DividendGREAT NECK, N.Y., Dec. 09, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly cash dividend for the Company's common stock of $0.45 per share. The dividend is payable on January 5, 2022 to stockholders of record as of December 20, 2021. The Company estimates that a significant portion of this dividend will be included in 2021 taxable income. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, r
- One Liberty Properties Reports Third Quarter 2021 ResultsGREAT NECK, N.Y., Nov. 04, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended September 30, 2021. Operating Results: Rental income was $20.3 million in the third quarter of 2021, compared to $21.1 million in the third quarter of 2020. The decrease is due primarily to the impact of property dispositions in 2020 and 2021. Total operating expenses in the third quarter of 2021 improved to $12.4 million from $13.1 million for the third quarter of 2020. Contributing to the improvement were the
- One Liberty Properties Announces DividendGREAT NECK, N.Y., Sept. 14, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP) today announced that its Board of Directors declared a quarterly dividend on the Company's common stock of $0.45 per share. The dividend is payable October 7, 2021 to stockholders of record on September 27, 2021. This dividend represents One Liberty's 115th consecutive quarterly dividend. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and thea
- One Liberty Properties Reports Second Quarter 2021 ResultsGREAT NECK, N.Y., Aug. 04, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended June 30, 2021. "As we emphasize acquiring industrial assets, given the competitive environment for these properties, we will continue to realize value from the sale of assets that have achieved maximum value for us while remaining disciplined in allocating capital," stated Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty. "The team remains focused on generating the cash flow required to support and grow our dividend and build value for stockholders."
- One Liberty Properties Sells Retail Property for $40.5 Million— Anticipates Reporting a Gain Over $21 Million — — Provides Leasing Update — GREAT NECK, N.Y., June 21, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geographically diversified, today announced that it closed on a $40.5 million sale of a 47,200 square foot building and the related parking lot located in West Hartford, Connecticut and leased to Whole Foods. The proceeds were used to repay a $15.4 million mortgage on the property, pay off the $17.9 million outstanding balance on the Company's credit facility and pay transaction related costs. The remaining proceeds of a
- One Liberty Properties Announces Dividend and Resumption of Dividend Reinvestment PlanGREAT NECK, N.Y., June 10, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend of $0.45 per share on the Company’s common stock. The dividend is payable July 9, 2021 to stockholders of record on June 25, 2021. This dividend represents One Liberty’s 114th consecutive quarterly dividend. The Company has also resumed its dividend reinvestment plan effective with the current dividend payment. The discount applicable to shares purchased pursuant to this plan is 3%. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Marylan
- One Liberty Properties Reports First Quarter 2021 Results- Collects Over 98% of First Quarter Rents - GREAT NECK, N.Y., May 05, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE:OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended March 31, 2021. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented, "We collected 98% of billed rents in the first quarter, demonstrating the stability of our portfolio and our continuing success in navigating the impact of the pandemic. Contributing to these efforts is the ongoing transformation of One Liberty as an industrial-focused REIT. As we move forward, we remain committe
- One Liberty Properties Reports Fourth Quarter and Full Year 2020 Results~Industrial Properties Contributed More than 50% of Rental Income in 2020~ GREAT NECK, N.Y., March 12, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter and year ended December 31, 2020. "We effectively worked to overcome many of the challenges 2020 presented, as we positioned the Company to secure consistent cash flow from our properties,” stated Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty. “While we understand that 2021 will present challenges and obstacles, we are pleased to see signs of an economic recovery slowly emergin
- One Liberty Properties Announces DividendGREAT NECK, N.Y., March 12, 2021 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP) today announced that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.45 per share. The dividend is payable April 7, 2021 to stockholders of record on March 24, 2021. This dividend represents One Liberty’s 113th consecutive quarterly dividend. About One Liberty Properties, Inc: One Liberty is a self-administered and self-managed real estate investment trust incorporated in Maryland in 1982. The Company acquires, owns and manages a geographically diversified portfolio consisting primarily of industrial, retail, restaurant, health and fitness and theater p