 One Liberty Properties, Inc. OLP, an acquirer, owner and manager of a geographically diversified portfolio of net leased properties today announced that it closed on an 18.0 million sale of a 35,300 square foot building in Knoxville, Tennessee leased to CarMax Auto Superstores, Inc. The proceeds were used to pay the fees and expenses associated with the sale, to repay an 8.5 million mortgage on the property and to pay down 8.7 million of debt on our credit facility. The Company anticipates that during the third quarter of 2020 it will recognize an approximate 10.3 million gain from this sale, before giving effect to a 829,000 mortgage swap termination fee, of which 774,000 and 55,000 will be recognized in the second and third quarter of 2020, respectively. 