Geospace Technologies sells Houston satellite property for $4M, plans relocation

GEOSPACE TECHNOLOGIES CORP

Sold satellite property at 6410 Langfield Road, Houston, TX for $4,000,000 on Feb 27, 2023.
Entered three-month leaseback with buyer to remain in possession during relocation.
Relocating operations to main campus at 7700 Pinemont Drive, Houston, TX.
Sale part of plan to streamline operations and reduce costs.

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