Reduced-Bond-Fee-April-2018

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MONTGOMERY, NY and WEST HEMPSTEAD, NY – September 14, 2017 – GTJ REIT (GTJ), a public nontraded real estate investment trust based in West Hempstead, NY, announced today that it has acquired an industrial building located at 201 Neelytown Road in Montgomery, NY. The facility is currently leased and occupied by FedEx Ground for a 10-year term. Terms of the transaction were not disclosed.

The property is a 248,370 square foot distribution center on 43 acres of land, 60 miles from New York City, and conveniently located just off Interstate 84 and minutes from Interstate 87 and Stewart Airport. The immediate area is a major logistics hub and national tenants including Home Depot, Staples, FedEx Freight, McKesson, Cardinal Health, United Natural Foods, Carlisle, Con-way Freight and UPS also have distribution facilities.

In its growing portfolio across the tri-state area, GTJ now owns 49 properties consisting of approximately 6 million square feet.

Paul Cooper, CEO of GTJ, commented, “We are thrilled to announce our acquisition of this brand-new building and are delighted to be working again with Fed Ex Ground. Orange County is one of the leaders in economic and residential growth in the Northeast, becoming a major distribution and logistics hub over the last decade. We are excited to add this property to our growing portfolio.”

Louis Sheinker, President and COO of GTJ, added, “This is a very attractive investment for us given the high barriers to entry and the relatively low vacancy rate of the area; the building’s proximity to Stewart Airport and Interstates 84 and 87; and the general lack of prime Class A industrial property in this region.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contact:
Louis Sheinker, GTJ REIT
(516) 693-5500

Media Contact:
Melissa Sheer, Kent Place Communications
(917) 690-2199

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CHERRY HILL, NJ and WEST HEMPSTEAD, NY-August 1, 2017 -GTJ REIT (GTJ), a public non-traded real estate investment trust based in West Hempstead, NY, announced today that it has acquired an industrial building in Cherry Hill, NJ. The facility is currently leased and occupied by Avalon Flooring (“Avalon”) for a fifteen-year term.

Terms of the transaction were not disclosed.

The property is a 109,700 square foot building that provides installation training and distribution for Avalon’s fourteen retail stores throughout New Jersey, Pennsylvania and Delaware. Avalon has invested in various improvements to the building including LED lighting, new racking, a new HVAC system, an upgraded fa ade and a new office build-out.

The building is located within the Cherry Hill Business Park, which consists of 31 buildings and 1.9 million square feet. The Camden County industrial market, consisting of approximately 27 million square feet, and the Southern New Jersey industrial market, consisting of approximately 85 million square feet, boast equally strong occupancy rates of 97% and 94% respectively.

In its growing portfolio, GTJ now owns 48 properties consisting of more than 5.6 million square feet.

Paul Cooper, CEO of GTJ, commented, “The acquisition of this property in Cherry Hill, NJ is part of our long-standing strategy to purchase well-located properties along the Northeast corridor, with superior risk-adjusted returns. We believe the property’s key location off of Interstate 295 and Exit 4 of the New Jersey Turnpike, combined with Avalon’s upgrades and improvements, make this an appealing property for our first investment in southern New Jersey.”

Louis Sheinker, President and COO of GTJ added, “We are pleased to add this property to our growing portfolio and look forward to further expanding our footprint in New Jersey. We will look for similar investment properties in the surrounding tri-state area that have attractive lease terms, appropriate rent levels and large, stable corporate tenants in the near future.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtireit.com.

Investor Contact:
Ben Zimmerman, GTJ REIT
(516)693-5500

Media Contact:
Melissa Sheer, Kent Place Communications
(917)690-2199
melissa@kentplacellc.com

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West Hempstead, NY – June 9, 2016 – GTJ REIT (GTJ), a public non-traded real estate investment trust based in West Hempstead, NY, announced today that it has acquired two industrial properties in separate transactions. One facility is located in East New York, Brooklyn, and is currently leased to The City of New York for the Department of Sanitation (DOS); the second property is located in Newark, Delaware, and is currently leased to Valassis Communications, Inc. (VCI). No contract terms were disclosed.

The East New York property is a 58,000 square foot warehouse/garage situated on 1.27 acres, originally built for the DOS’s occupancy. The property has been 100% leased since the DOS’ original occupancy in 1969 and is used primarily for parking and storage of sanitation vehicles that service the south Brooklyn neighborhood. The building is leased through 2025.
The Newark, Delaware property is a 208,000 square foot warehouse distribution facility on 12.4 acres, currently leased to VCI. The building, built in 1999, has been 100% leased since its construction and is used by VCI to sort and then distribute print ad materials from Maine to Northern Virginia on behalf of its customers. The building is leased through 2025.

With these two acquisitions, GTJ now owns 47 properties, consisting of close to 5.5 million square feet on approximately 350 acres of land.

Louis Sheinker, President and COO of GTJ, commented, “We are very pleased to add these two industrial properties to our growing portfolio. Both buildings are 100% leased, in excellent operating condition, and in core target markets in the Northeast U.S. The East New York property is adjacent to another facility we already own on Wortman Avenue in Brooklyn. The Delaware facility is considered “best in class”, located immediately off I-95 with exits available in Delaware and in Maryland, both serving the property.”

Paul Cooper, CEO of GTJ affirmed that “These transactions underscore our long-term commitment to expanding our footprint in the Northeast region. The quality of tenants, the longevity of the guaranteed leases, and the tight submarkets where each of these properties are located make these acquisitions compelling investment opportunities as we strive to increase value for our shareholders.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contacts:
Ben Zimmerman, GTJ REIT
(516) 693-5500

Media Contacts:
Melissa Sheer, Kent Place Communications (917) 690-2199
melissa@kentplacellc.com

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Piscataway, NJ and West Hempstead, NY – March 19, 2015 – GTJ REIT (GTJ), a public non-traded real estate investment trust based in West Hempstead, NY, announced today that it has acquired six industrial buildings in Piscataway, NJ. The facility is currently 100% leased and occupied by seven different long-standing tenants, including Nomura Securities and Verizon. Terms of the transaction were not disclosed.

The portfolio purchase consists of six buildings with an aggregate square footage of 681,754 in Piscataway, NJ. The properties are centrally located immediately off exits 6 and 7 of Interstate 287. The buildings sit in a redundant power grid with two separate and distinct power sources, affording tenants with backup power in times of emergency. The properties are located in what is known as the Route 287 submarket – a market that consists of 1,143 buildings comprised of 101.2 million square feet of industrial/manufacturing space.

This is GTJ’s second acquisition of 2015 and follows a very strong 2014, where the firm completed five transactions across the tri-state area. In January of this year, GTJ announced the acquisition of a single story industrial building in Rocky Hill, CT, currently leased and occupied by the Connecticut Lottery Corporation. With this acquisition, GTJ now owns 45 properties consisting of close to 5 million square feet on approximately 335 acres of land.

Paul Cooper, CEO of GTJ, commented, “We are pleased to announce this acquisition, one of our largest completed deals to date. The size and scale of this transaction reinforces our long-term commitment to expanding our footprint in the Northeast region. We believe the central New Jersey location, the power redundancy amenity and the strong occupancy of the Route 287 submarket make this a very attractive investment for our growing New Jersey portfolio.”

Louis Sheinker, President and COO of GTJ added, “We are excited about this entry into Piscataway, complementing our current New Jersey portfolio of properties in Morris Plains and Parsippany. There are very few transactions of this scale and quality and believe this unique acquisition will serve to enhance our returns for the benefit of our shareholders.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contacts:
Ben Zimmerman, GTJ REIT
(516) 693-5500

Media Contacts:
Melissa Sheer, Kent Place Communications (917) 690-2199
melissa@kentplacellc.com

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Terms of the transaction were not disclosed.

The property is a 92,500 square foot single-story specialty office/flex/warehouse building located on 12 acres of land in Rocky Hill, CT, situated in the Hartford South submarket. The building was retrofitted and renovated in 2008.

This is GTJ’s first acquisition of 2015 and follows a very strong 2014, where the firm completed five transactions across the tri-state area. GTJ’s transactions in 2014 included the acquisition of an industrial property leased and occupied by Ford Motor Company, in Windsor Locks, CT and adjoining land; the acquisition of an industrial flex property in Parsippany, NJ; the acquisition of a parking lot in Long Island City, NY leased to FedEx Ground, an industrial property in Norwalk, CT leased to FedEx Corporation and an industrial building in Shelton, CT leased to Sikorsky Aircraft. GTJ now owns 39 properties consisting of more than 4 million square feet on approximately 440 acres of land.

Paul Cooper, CEO of GTJ, commented, “We are building upon the positive deal momentum we saw in 2014. We continue to see attractive investment opportunities in the Northeast region and are delighted to expand our Connecticut portfolio into Rocky Hill. We believe the property’s location off of Interstate 91, combined with its recent operational and structural improvements, make this an appealing investment.”

Louis Sheinker, President and COO of GTJ added, “We continue to work with our network of industry contacts – many we have known for decades – to source potential investments. We are excited about this entry into the Rocky Hill market and will look for similar investments to further bolster the returns in our portfolio.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contacts:
Ben Zimmerman, GTJ REIT
(516) 693-5500

Media Contacts:
Melissa Sheer, Kent Place Communications (917) 690-2199
melissa@kentplacellc.com

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The property is a 125,000 square foot partial two-­‐story industrial building located on 22 acres of land in Shelton, CT. The property is located on Route 8 and is approximately two miles from the Merritt Parkway. The industrial component of the building has a 24-­‐foot clear height. The property also has a central lobby on the second floor with offices that are laid out around the perimeter of the building.

In total, GTJ has completed 5 transactions this year. GTJ’s prior transactions have included the acquisition of an industrial property leased and occupied by Ford Motor Company, in Windsor Locks, CT; the acquisition of an industrial flex property in Parsippany, NJ; the acquisition of a parking lot in Long Island City, NY leased to FedEx Ground and an industrial property in Norwalk, CT leased to FedEx Corporation. GTJ now owns 37 properties consisting of more than 4 million square feet on approximately 425 acres of land.

Paul Cooper, CEO of GTJ, commented, “This property is another attractive acquisition for us, our third in Connecticut this year, and complements our existing portfolio very well. We are well positioned to execute on our stated strategy of expanding our portfolio footprint in the Northeast and Mid-­‐Atlantic regions. We intend to invest in important improvements to this property and are optimistic that we will have Sikorsky Aircraft as a tenant for the long-­‐term.”

Louis Sheinker, President and COO of GTJ added, “We continue to source strategic acquisitions in our preferred target regions, and are thrilled to announce this latest transaction in Shelton. We are excited by the long-­‐term prospects of this property and will look for similar investments to enhance portfolio returns for our shareholders.”

About GTJ REIT
GTJ REIT is a fully integrated, self-­‐administered and self-­‐managed, public, non-­‐listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-­‐Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contacts:
Ben Zimmerman, GTJ REIT
(516) 693-­‐5500

Media Contacts:
Melissa Sheer, Kent Place Communications
(917) 690-­‐2199
melissa@kentplacellc.com

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The 50,000 square foot industrial building has an 18 foot clear height on 2.87 acres of land in Norwalk, CT. The property is considered a “best in class” building, with a desirable location that conveniently services the Fairfield County market via I-95, the Merritt Parkway and Route 7, which feeds Route 84. The building also carries a desirable “I-1” zoning designation in the Norwalk submarket.

GTJ’s prior transactions this year have included the acquisition of an industrial property leased and occupied by Ford Motor Company, located in Windsor Locks, CT; the acquisition of an industrial flex property in Parsippany, NJ; and the acquisition of a parking lot in Long Island City. In total, GTJ now owns 36 properties consisting of more than 4 million square feet on approximately 240 acres of land.

Paul Cooper, CEO of GTJ, commented, “With this transaction, our second in Connecticut this year, we continue to expand our portfolio footprint in the Northeast region. We intend to invest in improvements to this property. This building, due to its superior location, on-site parking and access to various interstate thoroughfares, will no doubt appeal to many tenants, making it a very attractive investment for us long-term.”

Louis Sheinker, President and COO of GTJ added, “We continue to look for opportunistic acquisitions in our preferred target markets, and are excited about this entry into the Norwalk market. We are excited by the long-term prospects of this property and will look for similar investments to enhance the returns in our portfolio.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contacts:
Ben Zimmerman, GTJ REIT
(516) 693-5500

Media Contacts:
Melissa Sheer, Kent Place Communications
(917) 690-2199
melissa@kentplacellc.com

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The 84,000 square foot parking lot provides off-site parking for a 143,000 square foot distribution facility built for FedEx Ground on an adjacent property. The initial term for the current lease expires on December 31, 2027. FedEx Ground has two (2) ten year extension options along with a third option for five years.

The deal is the third for GTJ since its merger with the former Wu/Lighthouse Partners in January, 2013. In April, 2014, GTJ announced the acquisition of an industrial property leased and occupied by Ford Motor Company, located in Windsor Locks, CT as well as the acquisition of 20 East Halsey Street in Parsippany, NJ. In total, GTJ now owns 35 properties consisting of more than 3 million square feet on approximately 220 acres of land.

Paul Cooper, CEO of GTJ, commented, “This facility is an attractive acquisition that fits well within GTJ’s current investment portfolio. This transaction confirms our ability to execute on our stated strategy of acquiring quality assets in the Northeast and Mid-Atlantic regions. There are significant barriers to entry for developing large-scale distribution centers proximate to Manhattan and we are optimistic that we will have FedEx as a long-term tenant in a key Northeast location.”

Louis Sheinker, President and COO of GTJ added, “Our extensive network of industry contacts and relationships continues to help us source acquisitions in our target geographic areas. We look forward to growing our portfolio in these markets with both existing and new operator relationships.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contacts:
Ben Zimmerman, GTJ REIT
(516) 693-5500

Media Contacts:
Melissa Sheer, Kent Place Communications
(917) 690-2199
melissa@kentplacellc.com

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WEST HEMPSTEAD, NY and WINDSOR LOCKS, CT – April 29, 2014 – GTJ REIT (GTJ), a public non-traded real estate investment trust based in West Hempstead, NY, announced today that it has acquired an industrial property at 110 Old County Circle, Windsor Locks, CT. The building is currently 100% leased and occupied by Ford Motor Company (Ford). Terms of the transaction were not disclosed.

The 226,661 square foot industrial property sits on 15 acres of land in Windsor Locks, a Connecticut suburb located in Greater Hartford’s North submarket. Situated along the I-91 Corridor between Hartford, CT and Springfield, MA this area is a premier location for Connecticut’s distribution tenants. Also included in the transaction is an additional vacant seven-acre parcel, adjacent to the property.

The deal is the first for GTJ since its transformative merger with the former Wu/Lighthouse Partners in January 2013. As part of the merger, GTJ acquired ownership interests in a portfolio of 25 commercial properties located in New York, New Jersey, and Connecticut, adding to an existing portfolio. In total, GTJ now owns 33 properties consisting of more than 3 million square feet on approximately 220 acres of land. GTJ is run by CEO Paul Cooper, President and COO Louis Sheinker, and CFO Joel Hammer.

Paul Cooper commented, “The Old County Circle property is an asset that fits well within GTJ’s investment goal of acquiring best-in-class assets, in key locations, across the northeast and mid-Atlantic corridors. We are excited to have Ford as a long-term tenant in a facility that remains a critical component for its Northeast parts distribution operation.”

Mr. Sheinker added, “We plan to be very active on the acquisition front, pursuing strategic growth opportunities across the region. We will leverage our extensive contacts in the real estate industry, as well as various sources of liquidity, to build and enhance our growing portfolio.”

About GTJ REIT
GTJ REIT is a fully integrated, self-administered and self-managed, public, non-listed REIT engaged in the acquisition, ownership, and management of commercial real estate in the Northeast and Mid-Atlantic areas. For more information, please see www.gtjreit.com.

Investor Contacts:
Joel Hammer, Chief Financial Officer, GTJ REIT
(516) 693-5500

Media Contacts:
Melissa Sheer, Kent Place Communications
(917) 690-2199
melissa@kentplacellc.com

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