Generation income properties announces agreement for pending $3.1 million transaction

Tampa, fl / accesswire / november 1, 2021 / generation income properties, inc. (nasdaq:gipr) ("gip" or the "company") announced the signing of a definitive purchase and sale agreement under which the company will acquire an approximately 11,000 sf single-tenant retail building in chicago, illinois for total consideration of approximately $3.1 million. the company expects to fund the acquisition with approximately 50% cash and 50% debt.
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