IdaPines ,who has been modernizing their facility and growing at a swift pace, will utilize some of the sale proceeds to fund their growth including further improvements to their manufacturing capacity. As part of the transaction, IdaPines executed a fifteen-year lease for the entire facility.

“We are pleased with the investment structure we were able to create that will assist IdaPines with their growth while providing our investors with a stable stream of cashflow for many years” said Michael Adler, president of Adler Realty Investments. “Adler continues to look for opportunities where it can implement creative solutions to solve financial and operational issues.”