NewLake enters $20.5 million real estate deal with Arizona cannabis firm

MJBizDaily
By Solomon IsraelJul 7, 2021, 12:50 pm102 pts
Cannabis real estate financier NewLake Capital Partners announced a deal to acquire land in Phoenix and lease it to Arizona-based, vertically integrated marijuana operator The Mint. The $20.5 million deal includes $2.4 million to purchase the land and $18.1 million allotted for tenant improvements, according to…

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