One Liberty Properties Agrees to Buy Milwaukee Industrial Portfolio for $34 Million

Bitget2026/11/02 21:28

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One Liberty Properties agreed to buy a four-building industrial portfolio in the Milwaukee metropolitan area for $34 million.
The 277,117-square-foot portfolio is fully leased to seven tenants, generating approximately $2.3 million in annual base rent.
Contractual annual rent increases range from approximately 2% to 4%, with a weighted average remaining lease term of approximately six years.
Funding includes available cash and an expected $20.6 million mortgage maturing in 2031, with a fixed interest rate of 6.36%.
Closing is expected in the fourth quarter of 2026, bringing annual acquisitions to more than $102 million.

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: 202611021615PRIMZONEFULLFEED9868417) on November 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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One Liberty Properties Agrees to Buy Milwaukee Industrial Portfolio for $34 Million

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