Liberty Property Trust has been experiencing a decent demand for industrial properties. The company’s Westfork Distribution Center, spanning 247,000 square feet, has been leased to Sugar Foods Corporation. The property is situated at 875 Maxham Road in Lithia Springs.
Westfork Distribution Center is located near the intersection of the I-285 perimeter and I-20, and enjoys proximity to downtown Atlanta and Hartsfield-Jackson International Airport.
Therefore, this building is well suited to tenants’ needs, with improved infrastructure that further enhances the property’s value. Apart from building improvements, the company utilized the land to create a loop road to optimize traffic flow. Further, it expanded truck courts and added trailer storage to support modern logistics’ requirements.
Industrial REITs are expected to benefit from a recovering economy and job market gains as well as tax reforms. Further, consumption levels are anticipated to remain elevated. And with healthy manufacturing environment, along with high business inventories, the demand for warehouse and logistics real estate is anticipated to be high. This is expected to offer decent scope to industrial REITs — including Prologis, Inc. (PLD - Free Report) , Terreno Realty Corporation (TRNO - Free Report) , and Duke Realty to ride on growth trajectory.
Liberty Property too is likely to benefit from this favorable trend and is therefore shifting focus toward such properties. Its premium quality industrial properties, situated at key locations, are expected to drive long-term growth by leveraging e-commerce boom and supply-chain strategy transformations as well.
However, in the process, the company is continuously divesting office properties. This is likely to affect earnings in the near term.
Liberty Property currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The company’s shares have appreciated 17.7% in the past three months compared with its industry’s growth of 12%.
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
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Liberty Property Trust has been experiencing a decent demand for industrial properties. The company’s Westfork Distribution Center, spanning 247,000 square feet, has been leased to Sugar Foods Corporation. The property is situated at 875 Maxham Road in Lithia Springs.
Westfork Distribution Center is located near the intersection of the I-285 perimeter and I-20, and enjoys proximity to downtown Atlanta and Hartsfield-Jackson International Airport.
Therefore, this building is well suited to tenants’ needs, with improved infrastructure that further enhances the property’s value. Apart from building improvements, the company utilized the land to create a loop road to optimize traffic flow. Further, it expanded truck courts and added trailer storage to support modern logistics’ requirements.
Industrial REITs are expected to benefit from a recovering economy and job market gains as well as tax reforms. Further, consumption levels are anticipated to remain elevated. And with healthy manufacturing environment, along with high business inventories, the demand for warehouse and logistics real estate is anticipated to be high. This is expected to offer decent scope to industrial REITs — including Prologis, Inc. (PLD - Free Report) , Terreno Realty Corporation (TRNO - Free Report) , and Duke Realty to ride on growth trajectory.
Liberty Property too is likely to benefit from this favorable trend and is therefore shifting focus toward such properties. Its premium quality industrial properties, situated at key locations, are expected to drive long-term growth by leveraging e-commerce boom and supply-chain strategy transformations as well.
However, in the process, the company is continuously divesting office properties. This is likely to affect earnings in the near term.
Liberty Property currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The company’s shares have appreciated 17.7% in the past three months compared with its industry’s growth of 12%.
Breakout Biotech Stocks with Triple-Digit Profit Potential
The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.
Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.
See these 7 breakthrough stocks now>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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