Averett Announces Sale/Lease Back Agreement For North Campus

Averett finalizes sale, leaseback deal for athletic campus

Averett University announced Monday that it will sell its North Campus facility to the Danville Regional Foundation and the Danville-Pittsylvania Regional Industrial Facility Authority for just over $18 million.  The deal, which was finalized Jan. 26, includes the property and facilities of North Campus, Averett’s 70-acre athletics hub about a 10-minute drive from its main campus in Danville.  The DRF and the RIFA will each own 50%, with the pri…

Averett Announces Sale/Lease Back Agreement For North Campus

Averett Announces Sale/Lease Back Agreement For North Campus

E. Stuart James Grant North Campus Sale/Lease-Back

E. Stuart James Grant North Campus Sale/Lease-Back Agreement Averett University has entered a new partnership with the Danville Regional Foundation (DRF) and Danville-Pittsylvania Regional Industrial Facility Authority (RIFA) to provide […] The post E. Stuart James Grant North Campus Sale/Lease-Back first appeared on Averett University.