GTJ REIT, Inc. | REIT Profile

CIK: 1368757
CIK: 1368757
Exchange: N/A
Founded: 2006 (18 years)
HQ: West Hempstead, NY, United States
Type of REIT: Equity REIT
Listing Status: Public, Non-Listed
REIT Sector: Office, Retail, Industrial
Internally Managed REIT

See 1368757 on SEC.gov

GTJ REIT, Inc., incorporated on June 26, 2006, is a self-administered and self-managed real estate investment trust (REIT), which owns and operates over 45 commercial properties in New York, New Jersey and Connecticut. The Company focuses primarily on the acquisition, ownership, management and operation of commercial real estate located in the New York tri-state area. The Company operates through the commercial real estate segment. The Company's business objective is to maintain and increase, over time, the cash available for distribution to our stockholders and enhance stockholder value by identifying opportunistic and strategic property acquisitions consistent with its portfolio and acquisition strategies; obtaining mortgage indebtedness on favorable terms and maintaining access to capital to finance property acquisitions and its growth plans, and monitoring its portfolio, including leasing, tenant relations, operational and property management performance and property enhancements. The Company intends to expand its real estate portfolio beyond its portfolio of 45 properties. The Company intends to acquire commercial real estate focusing on the industrial product sector. The Company intends to acquire fee ownership interests, but may also enter into joint venture arrangements. It also intends to acquire properties, including a portfolio of properties, in exchange for an interest in its operating partnership, GTJ Realty, LP.