LSI Receives Approval for Ground Lease

LSI Industries Inc. has announced that the Town of New Windsor, N.Y., has approved the restated ground lease for its New Windsor facility. 

With approval from the town, LSI Industries, the building owner, and a real-estate investment firm, can proceed with their transaction.

“Congratulations are in order for the Town of New Windsor for its approval of the ground lease, which clears the way for a new owner to offer quality jobs in an otherwise dormant commercial space,” says Jim Clark, president and CEO, LSI Industries.  “We’re thrilled to be close to completing this transaction.”

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