Harbor custom development, inc. contracts to purchase 112 unit condominium site in burien, washington expanding first-time home buyer footprint

Gig harbor, washington , june 25, 2021 (globe newswire) -- harbor custom development, inc. (nasdaq: hcdi, hcdip, hcdiw) (“harbor,” “harbor custom homes®,” or the “company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced that it has entered into a purchase and sale agreement for the acquisition of approximately 2.34 acres of land for the construction of 112 condominium units in burien, washington for $2,600,000. the purchase is expected to close on or before september 3, 2021.
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