Generation Income Properties, Inc : Generation Income Properties Announces Expansion of Portfolio with Pending $4 5 Million Acquisition finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
TAMPA, FL / ACCESSWIRE / May 19, 2021 / Generation Income Properties, Inc. (OTCQB:GIPR) ("GIP" or the "Company") today announced its results for the first quarter ended March 31, 2021. Key First Quarter
Generation Income Properties Announces Expansion of Portfolio with Tampa, FL - Area Acquisition
ACCESSWIRE
29 Apr 2021, 04:31 GMT+10
TAMPA, FL / ACCESSWIRE / April 28, 2021 / Generation Income Properties, Inc. (OTCQB:GIPR) ( GIP or the Company ) announced the acquisition on April 21, 2021 of an approximately 7,800 SF single-tenant office building in Plant City, Florida, which is part of the greater Tampa Bay metropolitan area, for total consideration of approximately $1.7 million. The building is occupied by Irby Construction Company, a wholly owned subsidiary of Quanta Services Inc., which holds an investment grade credit rating of BBB- from Standard and Poor s.
GIP funded the transaction with approximately $850K of debt from The Bank of Tampa, and approximately $900K from a Joint Venture Partner. The tenant has approximately 3.5 years remaining on the primary lease term of the property, and the seller was represented by John Rotunno from Stan Johnson Company.
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TAMPA, FL / ACCESSWIRE / April 28, 2021 / Generation Income Properties, Inc. (OTCQB:GIPR) ( GIP or the Company ) announced the acquisition on April 21, 2021 of an approximately 7,800 SF single-tenant office building in Plant City, Florida, which is part of the greater Tampa Bay metropolitan area, for total consideration of approximately $1.7 million. The building is occupied by Irby Construction Company, a wholly owned subsidiary of Quanta Services Inc., which holds an investment grade credit rating of BBB- from Standard and Poor s.
GIP funded the transaction with approximately $850K of debt from The Bank of Tampa, and approximately $900K from a Joint Venture Partner. The tenant has approximately 3.5 years remaining on the primary lease term of the property, and the seller was represented by John Rotunno from Stan Johnson Company.
Generation Income Properties Announces Execution of Lease Extension theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.