American Green Inc (ERBB)

[Sorbytech]

anyone else notice S&S Holdings is trying to sell 2902 W Virginia Ave for $2 million? S&S Holdings bought it in 2007 for only $500k, but is now trying to cash in on the updates American Green did to make it a successful grow. Now the property is worth $2,000,000? Marijuana property is becoming a hot commodity here in AZ, because theres limited areas you can have the grow. Since they just lost the court case and cant make ERBB pay more rent and couldn't force them to buy it $500k over fair market value, theyre trying to sell the building. American Green just signed another 5 year lease, so whoever buys the building knows theyre buying it with a paying tenant for a minimum of 5 years, maximum of 15.

https://www.propertyshark.com/cre/commercial-property/us/az/phoenix/2902-w-virginia-ave/
https://www.commercialcafe.com/commercial-property/us/az/phoenix/2902-w-virginia-ave/
https://www.xome.com/realestate/2902-w-virginia-ave-phoenix-az-85009-4300683