Safe and Green Development Corporation increases sales price of St Mary's to $1.4M
SGDSG DevCo(SGD) globenewswire.com·2024-05-21 21:00

MIAMI, Fla, May 21, 2024 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SG DevCo” or the “Company”) is providing an update on the planned sale of its St Mary’s property. The parties have mutually agreed to extend the closing date of the sale to June 20, 2024.  In recognition of the additional time granted, SG DevCo has reached an agreement with the buyer to increase the purchase price from $1,350,000 to $1,400,000. In addition, the purchase price will be paid in cash on the clos ...