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YES, Vital Products need FACTORIES,
YES, Western Reality has a INITIAL portfolio of 100$M
Some of the Products in development are:
Biofill is a biobased foam in place packaging material used as cushioning in electronic, giftware, automotive and machine parts.
E-coplank a biobasd packaging foam plank used in fabrication of cushion packaging for high end products currently in development.
E-Foam biobased flexible foam used in automotive components such as head rests.
Enviro-fill is a loosefill packaging biobased foam used in void fill packaging in gift ware and electronics markets
Biofill , E-coplank , and E-foam are new innovation by Vital.
These product are now in the final stages of development and Vital will be first to market in each case
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Target properties include Neighborhood Retail and/or Lifestyle Centers ranging from approx. 50,000 to 150,000 square feet each.
Initial Portfolio Value of $100,000,000 with Gross Leasing Area of approx. 1,500,000 square feet total.
Western Realty will become a publicly traded Maryland REIT.
Growth Strategy: Management intends to double in size every 24 months.
The Company has existing asset management systems in place in Palm Beach, Florida and corporate administration in Baltimore, Maryland.
Management team combined has 25 years or more experience in the following:
?public company formation, on both US and Canadian exchanges;
property acquisition, closed on approximately two million square feet of commercial properties totaling approx. $450 million;
commercial real estate experience, transacting over $1BN in lease negotiations;
property management operations, including 3,000,000 square feet currently managed (including KIMCO);
public relations;
public company reporting.
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