One Liberty Properties (NYSE:OLP) is a real estate investment trust specializing in the acquisition, ownership and management of predominantly net leased commercial properties across the United States. As a net lease REIT, One Liberty focuses on single-tenant assets that provide stable, long-term rental income. Its portfolio includes properties in the retail, industrial and office sectors, with a concentration in sale-leaseback and build-to-suit transactions that align with corporate tenants seeking to monetize real estate assets while maintaining operational control of their facilities.
Since its incorporation in 1989 and conversion to a REIT in 1995, One Liberty has pursued a disciplined investment strategy aimed at diversifying its tenant base, extending lease expirations and maintaining credit quality. The company’s approach emphasizes rigorous due diligence, conservative underwriting and active asset management with the goal of enhancing portfolio cash flows and mitigating risk. Over the years, One Liberty has completed hundreds of transactions, expanding its footprint across major U.S. markets and adapting to evolving market dynamics.
One Liberty’s portfolio spans a broad array of industries, including convenience and grocery retail, automotive services, healthcare, logistics and manufacturing. Many leases carry triple net terms, under which tenants assume responsibility for property taxes, insurance and maintenance, thereby reducing landlord expenses and providing predictable net operating income. The company’s sale-leaseback expertise has enabled it to negotiate long-term leases with investment-grade and middle-market companies, reflecting the strength and diversity of its tenant roster.
Headquartered in New York, One Liberty is led by a seasoned executive team with extensive experience in real estate finance, leasing and asset management. The company maintains a strategic focus on geographic diversification, proactive risk management and disciplined capital deployment. Through ongoing portfolio reviews and targeted acquisitions, One Liberty seeks to balance growth opportunities with the preservation of a stable, income-producing real estate portfolio that meets the needs of investors seeking exposure to net leased property assets.
