SaleJul 6, 2026, 06:36 AM
Zoned Properties Closes Two Property Sales for $1.0M
AI Summary
Zoned Properties, Inc. announced the closing of the sale of two properties, Green Valley and Kingman, to Broken Arrow Herbal Center, Inc. on June 30, 2026. The company received a cash payment of $1.0 million for these properties, with $0.5 million allocated to each. The closing date for the third property, Chino, has been extended to August 31, 2026, with a potential further extension to September 30, 2026.
Key Highlights
- Closed sale of Green Valley Property and Kingman Property on June 30, 2026.
- Received a cash payment of $1.0 million for the two properties.
- Green Valley Property contributed $0.5 million to the payment.
- Kingman Property contributed $0.5 million to the payment.
- Closing date for Chino Property extended to August 31, 2026.
- Purchaser has option to extend Chino Property closing to September 30, 2026.
Price Impact
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