NEW YORK, Aug. 9, 2023 /PRNewswire/ -- Rainbow Realty Group, LLC and Rainbow Realty Group II, LLC (collectively "Rainbow") and MJ Real Estate Investment Trust ("MJ REIT"), nationwide owners and lenders of real estate to the US cannabis industry, today announced that it acquired, in a sale-leaseback, a 21,600 square foot modern concrete industrial building located in Sacramento for $4.0 million. The going-in unlevered cap rate on the transaction is 12.6%.
Read more at prnewswire.comRainbow Realty Group Acquires Industrial Building in Sacramento for $4.0 Million and Closes on $5.85 Million Bank Loan
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