Milton Hubbard's questions to Zoned Properties (ZDPY) leadership • Q1 2017
Question
Milton Hubbard from ActioNet asked for details on the company's strategy regarding sale-leaseback transactions and how Zoned Properties markets itself to licensed operators to lease its available space.
Answer
CEO Bryan McLaren detailed a strategic pivot to focus more on sale-leaseback transactions by leveraging the company's expertise in an advisory or consultative capacity. He explained that by helping sophisticated, well-funded operators navigate zoning, permitting, and construction, Zoned Properties can build relationships and create a pipeline of future sale-leaseback opportunities with these vetted partners, securing long-term value and competitive rental rates.