CINCINNATI, Ohio – LSI Industries Inc. just announced that the Town of New Windsor, New York, has approved the restated ground lease for its New Windsor facility. The company announced that it would permanently close the manufacturing facility in October 2018.
With the Town’s approval, LSI Industries – the building’s owner – and a well-known real-estate investment firm can proceed with their transaction.
“Congratulations are in order for the Town of New Windsor for its approval of the ground lease, which clears the way for a new owner to offer quality jobs in an otherwise dormant commercial space,” said Jim Clark, President and CEO, LSI Industries. “We’re thrilled to be close to completing this transaction.”Tagged with LSI Industries