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Eugene Water & Electric Board sells building to marijuana development firm

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Submitted by Marijuana News on Mon, 06/29/2015 - 13:26

The Eugene Water & Electric Board has sold a large west Eugene industrial building to a marijuana real estate firm for $3 million.

EWEB and New York-based Kalyx Development closed a deal Friday on the 107,000-square-foot building at 3590 W. Third Ave, according to a deed filed with Lane County.

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 described Kalyx as “a leading cannabis real estate and property development firm.”

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URL: 
http://registerguard.com/rg/news/local/33246899-75/eugene-water--electric-board-sells-building-to-marijuana-development-firm.html.csp

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