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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 $1.4 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 ...