Generation Income Properties Announces Expansion of Portfolio with Pending $1.7 Million Acquisition

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Feb 22, 2021
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TAMPA, FL / ACCESSWIRE / February 22, 2021 / Generation Income Properties, Inc. (OTCQB:GIPR) ("GIP" or the "Company") announced the signing of a definitive Purchase and Sale Agreement on February 16, 2021 under which the Company will acquire an approximately 7,800 SF single-tenant office building in Plant City, Florida for total consideration of approximately $1.7 million. It is anticipated that the acquisition of this property will be funded by a mix of debt and equity.