One Liberty Properties Buys Six-Building Industrial Complex for $53.5 Million

Reuters05:15
One Liberty Properties Buys Six-Building Industrial Complex for $53.5 Million

One Liberty Properties Inc. has completed the purchase of a six-building, 397,440-square-foot multi-tenant industrial property in Sewickley, Pennsylvania, for $53.5 million. The property is 93% leased to 16 tenants, including Amazon, Linde Gas, The Macomb Group, and Safelite Fulfillment, with an aggregate annual base rent of approximately $3.4 million and annual rent increases of 2% to 3%. The acquisition was financed with cash and a $32.4 million mortgage.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. One Liberty Properties Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9616216-en) on December 22, 2025, and is solely responsible for the information contained therein.

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