Safe & green holdings corp. announces letter of intent to sell lago vista site for $12.5 million

Miami--(business wire)--safe & green holdings corp. (nasdaq: sgbx) (“safe & green holdings” or the “company”), a leading developer, designer, and fabricator of modular structures for residential, commercial, and point-of-care medicine, today announced that it has entered into a letter of intent (“loi”) to sell its lago vista site for $12.5 million. the company initially acquired the property in 2021 for $3.5 million. “we are pleased to have executed this loi for the sale of our lago vis.
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