One Liberty Properties Reports Third Quarter 2026 Results
Key Highlights
- ➤Total revenues $26.6 million, up 11.9% year over year
- ➤FFO per share $0.45, up 7.1% year over year
- ➤Acquired Ocala industrial building for $11.3 million
- ➤Signed agreement to acquire Milwaukee industrial portfolio for $34 million
- ➤Industrial properties represent approximately 86% of base rent
Expert Statements
Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty Properties
“Third quarter results reflect the continued growth of our industrial portfolio, with total revenues up 11.9% from the prior year, driven by the contribution from our accretive industrial acquisitions.”
Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty Properties
“We continue to recycle capital from retail and other assets that have reached peak value into industrial properties, which now represent approximately 86% of our base rent.”
Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty Properties
“We were also pleased to acquire a 100,000 square foot industrial building in Florida, adding another high-quality asset in the Southeast, a region with sustained demand.”
Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty Properties
“We also entered into an agreement to acquire a four-building industrial portfolio in the Milwaukee MSA, that, upon closing, will add another diverse tenant base in a tight industrial submarket.”
Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty Properties
“With our new credit facility in place, we remain well-positioned to continue executing on our industrial growth strategy and creating long-term value for our stockholders.”
– Rental Income Increases 11.9% Year Over Year – – Acquired Industrial Building for $11.3 Million and Under Contract to Acquire a $34 Million Industrial Portfolio – – Realized $30.7 Million in Net Proceeds from Sales During and Subsequent to the Quarter – – Industrial Properties Represent Approximately 86% of Base Rent –
GREAT NECK, N.Y., Nov. 03, 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 ended September 30, 2026.
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