Zoned Properties Announces Expansion of Leased Space at Chino Valley Cultivation Facility
SCOTTSDALE, Ariz., Oct. 13, 2016 /PRNewswire/ -- Zoned Properties, Inc. (OTCQX: ZDPY), a strategic real estate development firm whose primary mission is to identify, develop, and lease sophisticated, safe, and sustainable properties in emerging industries, including the licensed marijuana industry, today announced that it has signed an amendment to the existing Lease Agreement with its tenant at the company's Chino Valley Cultivation Facility in Chino Valley, Arizona. The amendment increases the monthly rent for the property by more than 30% effective in November of 2016.