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Thursday, 06/10/2021 1:38:00 PM

Thursday, June 10, 2021 1:38:00 PM

Post# of 115081
Anyone in Commercial Real Estate knows how complex Industrial Due Diligence can be. When a statement is made by someone of the caliber of John Lawrence that the Due Diligence has been satisfactorily completed and "an extension of the due diligence was granted to complete the documentation of "title insurance" on or before June 18th" - That in effect is the green light to close this deal! There are clearly those who understand the size and scope of this terminal on this board. Central Florida has no fuel storage - its a big problem when Hurricanes come and when pipelines are hacked as we have seen in the past. The revenue this terminal will create is what has investment eyes all over it! Investors who got in - in the past year took a bit of a gamble - but the multiples on the stock price they achieved are no longer available! With risk comes reward and I am glad for those who have stuck it out! When the deal is closed in the very near future - that ironically will just be the beginning!