Sgb development corp. lists lago vista development site for sale

New york--(business wire)--sg blocks, inc. (nasdaq: sgbx) (“sg blocks” or the “company”), a leading developer, designer, and fabricator of modular structures, announced today that sgb development corp. (“sgb devcorp”), a wholly-owned subsidiary of the company, has shifted strategy regarding the 58-acre parcel outside of the greater austin area known as ‘lago vista'. the real estate asset was acquired at approximately $3.5 million in q2 of 2021. the land has substantially increased in value. the
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