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Safe and Green Development Corporation Sells St Mary's for $1.4M
SGDSG DevCo(SGD) Prnewswire·2024-11-20 14:00

MIAMI, Nov. 20, 2024 /PRNewswire/ -- Safe and Green Development Corporation (NASDAQ: SGD) ("SG Devco" or the "Company"), a real estate development company, is pleased to announce that it closed the sale of its St Mary's Property to Pigmental Studios for 1.4milliononNovember18,2024.TheCompanyrealizedapproximately1.4 million on November 18, 2024. The Company realized approximately 1.1M in net proceeds from this closing.The property was sold as part of the Company's previously announced goal to strategically monetize some of its real estate holdings that have increa ...