Contract law

Northpath Investments Acquires a 63,200-Square-Foot Light Industrial and R&D Building in Edison, New Jersey

Wednesday, July 28, 2021 - 1:30pm

EDISON, N.J., July 28, 2021 (GLOBE NEWSWIRE) -- Northpath Investments, (Northpath), recently acquired a fully leased 63,200-square-foot Light Industrial and R&D building leased to a single tenant at 3920 Park Avenue in Edison, New Jersey for $11 million.

Key Points: 
  • EDISON, N.J., July 28, 2021 (GLOBE NEWSWIRE) -- Northpath Investments, (Northpath), recently acquired a fully leased 63,200-square-foot Light Industrial and R&D building leased to a single tenant at 3920 Park Avenue in Edison, New Jersey for $11 million.
  • Michael Klein & Max Custer of JLL represented Northpath in arranging a five-year, fixed-rate loan with Signature Bank for $7.2M.
  • EOS has been a tenant at the building since 2016 and has made considerable financial commitments to the facility including various system upgrades.
  • Northpath focuses on markets within the Northeast and Mid-Atlantic, targeting areas with attractive population density and income levels.

Form 8 amended - Daily Mail and General Trust plc: Rothermere Continuation Limited

Wednesday, July 28, 2021 - 3:48am

Form 8 amended - Daily Mail and General Trust plc: Rothermere Continuation Limited

Key Points: 
  • Form 8 amended - Daily Mail and General Trust plc: Rothermere Continuation Limited
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • THIS ANNOUNCEMENT REPLACES THE FORM 8 (OPD) ANNOUNCEMENT RELEASED UNDER EQS NEWS ID 1221400 AT 15:23 ON 23 JULY 2021.
  • The following amendments have been made: the details of the share options/awards held by Lord Rothermere at section 3(B).
  • (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    (d) Is the discloser the offeror or the offeree?

Toasted Yolk Cafe Exceeds Mid-Year Franchise Sales Goals, Signs Five New Franchisees and Continues Expansion Throughout Southeast

Tuesday, July 27, 2021 - 3:00pm

The Houston-based brand is on track to exceed its 2021 sales and franchise development goals, setting itself up for continued expansion throughout the Southeast in the coming years.

Key Points: 
  • The Houston-based brand is on track to exceed its 2021 sales and franchise development goals, setting itself up for continued expansion throughout the Southeast in the coming years.
  • At the beginning of the year, Toasted Yolk set out to welcome seven new franchise owners into the system over the course of the year.
  • So far, the brand has already inked five new deals with franchise owners with eleven other potential deals on deck.
  • "Toasted Yolk is on track to not only meet but exceed our franchise growth goals, which is really amazing after the year the restaurant industry had in 2020," said Chris Milton, co-founder of Toasted Yolk.

AtWork Franchise Owner Josephine Suryono Recognized as a Franchisee Rockstar by Franchise Business Review

Tuesday, July 27, 2021 - 2:26pm

KNOXVILLE, Tenn., July 27, 2021 /PRNewswire/ -- AtWork franchise owner Josephine Suryono of Roseville, California was identified by franchise research firm, Franchise Business Review , as being one of 2021's Franchise Rock Stars .

Key Points: 
  • KNOXVILLE, Tenn., July 27, 2021 /PRNewswire/ -- AtWork franchise owner Josephine Suryono of Roseville, California was identified by franchise research firm, Franchise Business Review , as being one of 2021's Franchise Rock Stars .
  • Suryono was selected from nearly 25,000 franchisees, representing 224 brands that participated in Franchise Business Review's research in the past 18 months.
  • The Franchise Rock Stars recognized were nominated by their franchise brand leadership in one of eight categories as franchisees who set admirable examples when it comes to leadership, business acumen, financial and professional success, and contributing to their community.
  • "Josephine is one of our top performing franchisees and a rock star within our system," said Jason Leverant, President and COO of AtWork Group.

Green Home Solutions Accelerates Franchise Development with Area Representative Program

Tuesday, July 27, 2021 - 2:10pm

Currently, the fast-growing franchise has five Area Representatives nationwide and has seen impressive success through these roles, contributing to the development into 16 new markets.

Key Points: 
  • Currently, the fast-growing franchise has five Area Representatives nationwide and has seen impressive success through these roles, contributing to the development into 16 new markets.
  • The Area Representative program will help instill confidence in the ability for franchisees to successfully execute the Green Home Solutions business model and increase profitability.
  • This program is a separate investment from the existing franchising program and offers the right individuals an opportunity to grow their portfolio and with Green Home Solutions.
  • "Being an Area Representative with Green Home Solutions has allowed me to work with like-minded entrepreneurs," said Charles Clark, Area Representative and Multi-Unit Owner of Green Home Solutions in the Midwest.

General Gold Exercises First Earn-in Option to Acquire 50.1% of BC Copper Property

Tuesday, July 27, 2021 - 1:00pm

It is accessible by road, power runs through the western side of the Property and the village of Topley is less than 10km away.

Key Points: 
  • It is accessible by road, power runs through the western side of the Property and the village of Topley is less than 10km away.
  • The Company can acquire an additional 16.9% interest in the Property by issuing 2 million common shares within 45 days after the First Option Earn-In Deadline (the "Second Option Earn-In Deadline").
  • If the Company exercises the first option, second option or third option, as applicable, and makes all required payments and issuances thereunder, it will have earned the interest subject to such option.
  • General Gold is currently exploring the 770 hectare Clark's Brook Property in central Newfoundland.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Monday, July 26, 2021 - 5:29pm

Total headcount for equipment finance companies was down 13.8 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.

Key Points: 
  • Total headcount for equipment finance companies was down 13.8 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) in July is 72.9, an increase from the June index of 71.3.
  • The MLFI-25 measures monthly commercial equipment lease and loan activity as reported by participating ELFA member equipment finance companies representing a cross section of the equipment finance sector, including small ticket, middle-market, large ticket, bank, captive and independent leasing and finance companies.
  • Based on hard survey data, the responses mirror the economic activity of the broader equipment finance sector and current business conditions nationally.

Osisko Announces Agreement to Purchase Royalty on Tocantinzinho Project

Monday, July 26, 2021 - 1:00pm

Certain statements contained in this press release may be deemed forwardlooking statements within the meaning of applicable Canadian and U.S. securities laws.

Key Points: 
  • Certain statements contained in this press release may be deemed forwardlooking statements within the meaning of applicable Canadian and U.S. securities laws.
  • These forwardlooking statements, by their nature, require Osisko to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forwardlooking statements.
  • Forwardlooking statements are not guarantees of performance.
  • Osisko disclaims any intention or obligation to update or revise any forwardlooking statements, whether as a result of new information, future events or otherwise, other than as required by law.

Easterly Government Properties Acquires 61,384 SF Multi-Tenanted Facility in Cleveland, OH

Monday, July 26, 2021 - 2:00pm

The National Weather Service (NWS) occupies 15% of the building under an initial 20-year term that does not expire until September 2040.

Key Points: 
  • The National Weather Service (NWS) occupies 15% of the building under an initial 20-year term that does not expire until September 2040.
  • In total, and assuming the VNA exercises its renewal options, the facility is 100% occupied with a weighted average lease expiration of June 2034.
  • Pro forma for this acquisition, Easterly has 85 properties totaling 7.7 million square feet.
  • Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government.

School of Rock Named to Franchise Business Review's 2021 Culture100 List

Monday, July 26, 2021 - 3:00pm

CANTON, Mass., July 26, 2021 /PRNewswire/ -- School of Rock , the leader in performance-based music education, was recently named to Franchise Business Review's second annual Culture100 list.

Key Points: 
  • CANTON, Mass., July 26, 2021 /PRNewswire/ -- School of Rock , the leader in performance-based music education, was recently named to Franchise Business Review's second annual Culture100 list.
  • "Being named to the 2021 Franchise Culture100 list is an immense honor for School of Rock, especially since this is based entirely on direct feedback from our incredible owners," said Rob Price, CEO of School of Rock.
  • School of Rock was among 224 franchise brands, representing nearly 25,000 franchise owners, that participated in Franchise Business Review's research on the best franchise cultures.
  • School of Rock also has garnered the following industry awards: 2021 Franchise Innovation Award for Most Innovative Use of Customer-Facing Digital Tools; 2021 Global Franchise Awards Best Children's Service and Education Franchise; 2021 Entrepreneur Magazine's Franchise 500 Top Children's Music Enrichment Brand; Franchise Business Review's 2021 Top 200 Franchises and Culture 100 list; 2020 Entrepreneur Magazine's Top 200 Franchise and the #1 Child Enrichment Franchise; and 2018 Forbes # 2 Best Franchise Medium-Level Investment Award and the #1 Music Franchise in America.