AARD expects to fund the carwash deal immediately. "Across America Real Estate Development continues to expand it presence inthe build-to-suit real estate market," says Alex Lagerborg, president and chief executive officer of AARD. "The company believes that the small pad built-to-suit real estate developer is an underserved niche that possesses significant market potential. Entering into this business relationship with S&O Development offers a winning combination for both companies."
Aaron Green, commercial development manager for Colorado for S&O,says because AARD will provide 100% of the project financing, "as wellas a unique deal structure we believe that AARD could allow us to develop more projects this year as well as in the upcoming year."
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