Generation Income Properties Announces Expansion of Portfolio with Pending $4.5 Million Acquisition

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Jun 24, 2021

TAMPA, FL / ACCESSWIRE / June 24, 2021 / Generation Income Properties, Inc. (OTCQB:GIPR) ("GIP" or the "Company") announced the signing of a definitive Purchase and Sale Agreement on June 22, 2021, under which the Company will acquire a 15,288 SF single-tenant retail asset in Rockford, Illinois for total consideration of approximately $4.5 million. It is anticipated that the acquisition of this property will be funded by a combination of debt and equity.