QualityStocksNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Enters LOI for Brantford Facility Purchase Leaseback
City View Green Holdings (CSE: CVGR) today announced its entry into an LOI with a financier for the purchase leaseback of its Brantford facility and property. Under the agreement, City View will exercise its option to purchase 49 Easton Road in Brantford and transfer that purchase option to the financier. In exchange, City View will enter into a 5-year lease with a 5-year renewable term with the right of first refusal to purchase the property and building back should the new owner decide to sell. The new landlord will finance all buildout and capital improvements required by City View to…