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Home 🌿 Marijuana Business News 🌿 New York marijuana development firm buys west Eugene factory from Eugene Water & Electric Board 🌿New York marijuana development firm buys west Eugene factory from Eugene Water & Electric Board
Kalyx Development pays $3 million for complex that previously was water bottling plant
A west Eugene factory that once produced computer hard drives and later bottled water could next become an industrial-scale marijuana growing operation.
The Eugene Water & Electric Board on Friday sold the 107,000-square-foot building at 3590 W. Third Ave. for $3 million, according to a deed filed with Lane County on Friday.
The buyer is Kalyx Development, a New York City-based marijuana real estate firm.
Kalyx bills itself online as “the premier real estate development provider to emerging indoor agricultural operators on the national level.”
Its website doesn’t mention marijuana by name, but an online flier for this month’s Cannabis World Congress & Business Exposition in New York City described Kalyx as “a leading cannabis real estate and property development firm.”
Kalyx didn’t respond to an email seeking comment on its plan for the building. A phone...
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