LOS ANGELES–(Organization WIRE)–Treehouse Genuine Estate Investment Trust, Inc. (“Treehouse” or the “Company”) currently announced that it has completed the acquisition of two properties for a total obtain cost of about $33.five million.
“We are excited to announce one more set of transactions for Treehouse,” mentioned Brian Kabot, Steady Road Capital Chief Investment Officer and Treehouse Board Member. “We’re incredibly pleased to strengthen our partnership with MedMen as a tenant and create their future flagship retail shop close to the Las Vegas Strip.”
Under is a list of properties integrated in the sale:
- 1 retail storefront improvement positioned on Highland Drive in Las Vegas, Nevada
- 1 45,000 square foot, state-of-the-art Dutch greenhouse in Desert Hot Springs, California.
Treehouse Genuine Estate Investment Trust, Inc. is a newly-organized, externally managed true estate investment corporation focused on the acquisition, ownership and management of specialized retail and industrial properties leased to skilled, state-licensed operators for their regulated adult-use and healthcare-use cannabis facilities. Visit http://www.TreehouseREIT.com
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Supply: Treehouse Genuine Estate Investment Trust, Inc.
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