{"id":1004146071,"date":"2016-06-16T06:27:05","date_gmt":"2016-06-16T14:27:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004146071"},"modified":"2022-12-05T00:37:28","modified_gmt":"2022-12-05T08:37:28","slug":"one-liberty-properties-buys-distribution-center-for-24m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/","title":{"rendered":"One Liberty Properties Buys Distribution Center for $24M"},"content":{"rendered":"

By Alexandra Pacurar<\/em><\/p>\n

\"Industrial<\/a>

Industrial properties owned by One Liberty Properties<\/p><\/div>\n

El Paso, Texas<\/strong>\u2014One Liberty Properties Inc.<\/a> announced it has completed the acquisition of\u00a0a large distribution facility in El Paso, Texas for roughly $24 million. The transaction was financed with cash on hand and the company\u2019s line of credit. The 420,000-square-feet property is leased by a Fortune 1000 company and the contract only expires in 2022.<\/p>\n

“This facility is well located in the growing southwest region and we are excited by the opportunity to own this first rate asset,” Patrick Callan Jr., president & CEO of One Liberty, said in a prepared statement. One Liberty Properties has launched the procedures for obtaining a long-term debt financing on the industrial property and estimates a $454,000 rental income per quarter, excluding amortization of the related tangible assets, starting from July 1st<\/sup>. “This transaction demonstrates our continuing efforts to discover value by identifying high quality assets to add to our portfolio and strengthen the stability of our cash flow.”<\/p>\n

This is the company\u2019s first industrial building<\/a> in the area, as most of its properties in this portfolio are concentrated in the Midwest, Northeast<\/a> and Southeast regions. One Liberty Properties own several retail properties in Texas<\/a>. One Liberty is a self-administered and self-managed REIT with more than 30 years on the market.<\/p>\n

Image via One Liberty Properties<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The 420,000-square-foot property in El Paso is leased through 2022 by a Fortune 1000 company. <\/p>\n","protected":false},"author":236,"featured_media":1004146073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21748,21742],"tags":[],"class_list":["post-1004146071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-industrial","category-latest"],"acf":[],"yoast_head":"\nOne Liberty Properties Buys Distribution Center for $24M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One Liberty Properties Buys Distribution Center for $24M\" \/>\n<meta property=\"og:description\" content=\"The 420,000-square-foot property in El Paso is leased through 2022 by a Fortune 1000 company.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-16T14:27:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T08:37:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/one-liberty-industrial-properties.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"653\" \/>\n\t<meta property=\"og:image:height\" content=\"342\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexandra Both\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/\"},\"author\":{\"name\":\"Alexandra Both\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/92454aa9920287f97bb7f9888b2836f7\"},\"headline\":\"One Liberty Properties Buys Distribution Center for $24M\",\"datePublished\":\"2016-06-16T14:27:05+00:00\",\"dateModified\":\"2022-12-05T08:37:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/\"},\"wordCount\":236,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/one-liberty-industrial-properties.jpg\",\"articleSection\":[\"Deals\",\"Finance\",\"Industrial\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/\",\"name\":\"One Liberty Properties Buys Distribution Center for $24M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/one-liberty-industrial-properties.jpg\",\"datePublished\":\"2016-06-16T14:27:05+00:00\",\"dateModified\":\"2022-12-05T08:37:28+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/92454aa9920287f97bb7f9888b2836f7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/one-liberty-industrial-properties.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/one-liberty-industrial-properties.jpg\",\"width\":653,\"height\":342,\"caption\":\"Industrial properties owned by One Liberty Properties\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/one-liberty-properties-buys-distribution-center-for-24m\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"One Liberty Properties Buys Distribution Center for $24M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/92454aa9920287f97bb7f9888b2836f7\",\"name\":\"Alexandra Both\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g\",\"caption\":\"Alexandra Both\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/alexandrapacurar\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"One Liberty Properties Buys Distribution Center for $24M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/","og_locale":"en_US","og_type":"article","og_title":"One Liberty Properties Buys Distribution Center for $24M","og_description":"The 420,000-square-foot property in El Paso is leased through 2022 by a Fortune 1000 company.","og_url":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-06-16T14:27:05+00:00","article_modified_time":"2022-12-05T08:37:28+00:00","og_image":[{"width":653,"height":342,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/one-liberty-industrial-properties.jpg","type":"image\/jpeg"}],"author":"Alexandra Both","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/"},"author":{"name":"Alexandra Both","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/92454aa9920287f97bb7f9888b2836f7"},"headline":"One Liberty Properties Buys Distribution Center for $24M","datePublished":"2016-06-16T14:27:05+00:00","dateModified":"2022-12-05T08:37:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/"},"wordCount":236,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/one-liberty-industrial-properties.jpg","articleSection":["Deals","Finance","Industrial","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/","url":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/","name":"One Liberty Properties Buys Distribution Center for $24M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/one-liberty-industrial-properties.jpg","datePublished":"2016-06-16T14:27:05+00:00","dateModified":"2022-12-05T08:37:28+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/92454aa9920287f97bb7f9888b2836f7"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/one-liberty-industrial-properties.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/one-liberty-industrial-properties.jpg","width":653,"height":342,"caption":"Industrial properties owned by One Liberty Properties"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/one-liberty-properties-buys-distribution-center-for-24m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"One Liberty Properties Buys Distribution Center for $24M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/92454aa9920287f97bb7f9888b2836f7","name":"Alexandra Both","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b4b29ecfcc757dc9cc23f2ffb2e0db3f57467a73d494f764cffaf85980db498a?s=96&d=mm&r=g","caption":"Alexandra Both"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/alexandrapacurar\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/one-liberty-industrial-properties.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004146071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/236"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004146071"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004146071\/revisions"}],"predecessor-version":[{"id":1004623310,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004146071\/revisions\/1004623310"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004146073"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004146071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004146071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004146071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}