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RenX Enterprises agrees to sell Norman Berry property in Georgia for $2.6 million

PUBT·08/21/2026 13:00:29
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RenX Enterprises agrees to sell Norman Berry property in Georgia for $2.6 million
  • A RenX joint venture signed an agreement to sell the 7.7-acre Norman Berry property in East Point, Georgia for USD 2.6 million.
  • About USD 800,000 is expected to repay two notes held against the property, including accrued interest.
  • Remaining proceeds of about USD 1.8 million to be split by the venture, implying about USD 900,000 to RenX.
  • Funds earmarked for Myakka City, Florida operations, including commissioning a Microtec milling system in 2H 2026.
  • Closing hinges on due diligence, state program allocations expected in 1H 2027, financing, and related extension rights.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renx Enterprises Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608210900ACCESSWRNAPR_____1210276) on August 21, 2026, and is solely responsible for the information contained therein.