Global Technologies signs agreement to acquire 250K sq ft Georgia industrial property

GLOBAL TECHNOLOGIES LTD

Acquisition includes 250,000 sq ft industrial facility on 25 acres in Georgia, formerly a manufacturing plant.
No purchase price, seller, or expected closing date were disclosed in the press release.
Transaction marks the company's shift from e-commerce/live shopping into real estate redevelopment.
CEO Fredrick Cutcher states the focus is on acquiring undervalued or distressed properties.

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