Safe & Green Holdings Engages Firm for Sales-Leaseback on Waldron Facility in Durant, OK

July 25, 2024

https://www.globenewswire.com/news-release/2024/07/24/2918007/0/en/Safe-Green-Holdings-Engages-Firm-for-Sales-Leaseback-on-Waldron-Facility-in-Durant-OK.html

Miami, FL, July 24, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ:SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, is pleased to announce it has engaged Northmarq Capital to secure a suitable deal and partner for a sale-leaseback involving its Waldron facility located in Durant, Oklahoma. This strategic move for the property appraised at $4.7 million is intended to free up working capital, thereby supporting Safe & Green Holdings’ growing customer demand and facilitating its aggressive expansion strategies.

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