One Liberty Properties, Inc.
One Liberty Properties may own the space where lovebirds shop for loveseats. Or bird food. The self-managed and self-administered real estate investment trust (REIT) invests in retail, industrial, and office properties throughout the US. It owns or co-owns over 100 properties totaling more than 8 million sq. ft. of space; more than half of its portfolio is leased to retailers including Haverty Furniture, PetSmart, and Giant Food Stores. The REIT also owns warehouses, fitness centers, and a movie theater. One Liberty Properties targets net-leased properties, minimizing its responsibilities for taxes, maintenance, and other operating costs. The firm is controlled by the family of its chairman.
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