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Generation Income Properties ( (GIPR) ) has provided an announcement.
On February 6, 2025, Generation Income Properties completed a significant $11.2 million UPREIT transaction involving three retail properties leased to major tenants such as Dollar General, Tractor Supply Company, and Zaxby’s. This strategic acquisition, structured as a tax-deferred UPREIT contribution, aims to boost the company’s portfolio by increasing its weighted average lease term and gross asset value, ultimately reinforcing its long-term growth strategy and enhancing stakeholder value.
More about Generation Income Properties
Generation Income Properties, Inc., based in Tampa, Florida, is an internally managed real estate investment trust focused on acquiring and owning retail, office, and industrial net lease properties, primarily in densely populated submarkets across the United States.
YTD Price Performance: -3.87%
Average Trading Volume: 21,907
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.44M
For detailed information about GIPR stock, go to TipRanks’ Stock Analysis page.