Kalyx Development, a Private Real Estate Investment Trust Focused on the Cannabis Industry, Surpasses 600,000 square feet Under Management with the Acquisition of Properties in Washington State and Arizona
NEW YORK, Nov. 14, 2016 /PRNewswire/ -- Kalyx Development, Inc. ("Kalyx"), a private real estate investment trust and pioneer in providing specialized real estate to the cannabis industry, announces the acquisition of two facilities in Washington State and Arizona. At a combined 348,000 square feet, these two acquisitions advance the company's holdings to over 600,000 square feet of cultivation and processing space, across seven buildings in four states.