One Liberty Properties Reports Third Quarter 2024 Results
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One Liberty Properties (OLP) reported its third quarter 2024 results, highlighting the closure of a $33 million industrial property purchase and the completion of sales agreements for six properties, resulting in an estimated gain of $9 million.
November 05, 2024 | 9:30 pm
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One Liberty Properties completed a $33 million industrial property purchase and secured sales agreements for six properties, estimating a $9 million gain.
The completion of a significant property purchase and the securing of sales agreements for multiple properties with an estimated gain indicates strong operational performance and potential revenue growth for OLP. This is likely to positively impact the stock price in the short term.
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