Deal snapshot: Schmitt Industries to Sell Portland, Oregon Property for USD 3.5m.

MANews-(C)2009-2022

Oregon, US-based test and measurement products maker Schmitt Industries, Inc. (NASDAQ: SMIT) has entered into a real estate purchase and sale agreement, whereby Tofte Farms, LLC agreed to purchase the 2765 NW Nicolai Street, Portland, Oregon property of Schmitt for a purchase price of USD 3.5m, the...

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