Global Technologies completes acquisition of 250K sq ft industrial facility in Georgia

GLOBAL TECHNOLOGIES LTD

Acquired 250,000 sq ft industrial facility on 25-acre property in Georgia; previously a manufacturing plant.
Company is a holding company focused on acquisition and redevelopment of distressed properties.
CEO Fredrick Cutcher says acquisition opens new opportunities and aims to create shareholder value.
No financial terms of the acquisition were disclosed.

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