other material
confidence high
sentiment neutral
materiality 0.35
DFIN's $12.5M Phoenix property sale terminated; $210k deposit retained
Donnelley Financial Solutions, Inc.
- Buyer HSG Acquisitions LLC terminated the Real Estate Sale Agreement on May 25, 2022.
- Termination was due to buyer's right to exit if entitlements for a mixed-use building were not obtained.
- Company retained a nonrefundable deposit of $210,000 from the deal.
- Property at 1500 N. Central Avenue, Phoenix, Arizona had a $12.5 million purchase price.