other_material
confidence high
sentiment neutral
materiality 0.40
Safe & Green Holdings subsidiary agrees to buy Conroe, TX property for $3M
OLENOX INDUSTRIES INC.
- Olenox Corp (wholly owned subsidiary) to purchase 1207 N FM 3083 Rd, Conroe, TX for $3,000,000.
- Closing contingent on Olenox obtaining $2.4M third-party loan with ≥20-yr term, interest ≤8%, amort ≥20 yrs.
- Olenox takes occupancy September 26, 2025; interim lease with $4,000/month credited to purchase price.
- $30,000 earnest money deposit required; $20,000 security deposit under interim lease.
- Seller: Charles E Webb Jr Family Partnership LTD.
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