MILWAUKEE — One Liberty Properties has signed a contract to buy a four-building industrial portfolio in the Milwaukee area for $34 million, the company announced Nov. 2. The deal has not closed; One Liberty said it expects the transaction to close in the fourth quarter of 2026. The seller was not named.
The portfolio totals 277,117 square feet on approximately 25 acres west of downtown Milwaukee, with access to Interstates 43 and 94, in what the company calls the Waukesha County industrial submarket. No street addresses were given. The buildings are 100% leased to seven tenants, not named in the release, in fabrication, distribution, commercial printing and healthcare services, with a weighted average remaining lease term of about six years. One Liberty plans to pay with available cash and an expected $20.6 million mortgage. No jobs or investment beyond the purchase price are described.
ON THE RADAR: DEAL
Buyer: One Liberty Properties (NYSE: OLP)
Tenants: Seven tenants (not named)
Seller: Not named
Property: Four industrial buildings, 277,117 sq ft on approximately 25 acres, west of downtown Milwaukee, Wis. (addresses not disclosed)
Price: $34 million
Broker: None named
Type: Pending acquisition (under contract; leased industrial)
Announced: Nov. 2, 2026