Generation Income Properties, Inc. (NasdaqCM:GIPR) will look for acquisitions. David Sobelman, Chief Executive Officer said during the Second Quarter 2023 Earnings Conference Call, "As the wider market is continuing to experience challenges, we believe this is just the beginning of a greater buying opportunity and we'll continue to focus on acquiring shorter-term high-quality assets to our portfolio. eing a small cap net lease RE IT has its challenges, but this acquisition is a transformative deal for our company of our size, and we're pleased to be able to show the market that we have the ability to source, underwrite and execute transformative deals even a missed market uncertainty".
Generation Income Properties, Inc. is an internally managed real estate investment trust. The Company is focused on acquiring and managing income-producing retail, office and industrial properties net leased to high quality tenants in markets throughout the United States. Its retail properties are located in Washington, D.C.; Tampa, FL; Tucson, AZ; San Antonio, TX; Bakersfield, CA; Big Spring, TX; Castalia, OH; Lakeside, OH; Litchfield, ME; Mount Gilead, OH; Thompsontown, PA, and others. Its office properties are located in Norfolk, VA; Manteo, NC; Plant City, FL; Maitland, FL; Vacaville, CA, and others. Its medical retail property is located in Chicago, IL. Its industrial property is located in Huntsville, AL. Its subsidiaries include Generation Income Properties, LP; GIP TRS Inc; GIP REIT OP Limited LLC; GIP DB SPE, LLC; GIPVB SPE, LLC; GIPVA 2510 WALMER AVE, LLC; GIPVA 130 CORPORATE BLVD, LLC; GIPNC 201 Etheridge Road LLC, and others.