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confidence medium
sentiment neutral
materiality 0.20
LFTD Partners subsidiary Lifted Made signs 5-year lease for 8,000 sq ft warehouse in Kenosha
LFTD PARTNERS INC.
- Lease with TI Investors of Kenosha LLC for space at 8910 58th Place, Kenosha, WI, starts Jan 1, 2022 through Dec 31, 2026.
- Base rent $4,000/month in year 1, escalating annually to $4,502.34/month in 2026; $6.00/sq ft per annum.
- Lifted Made also pays proportionate share of taxes/operating costs estimated at $28,960/year ($2,413.33/month).
- The subsidiary will use the space to expand and optimize production and fulfillment operations.