An unknown buyer agreed to acquire Office/Flex Portfolio of INDUS Realty Trust from INDUS Realty Trust, Inc. (NasdaqGM:INDT) for $11 million on September 30, 2022. The sale of the Office/Flex Portfolio is subject to a number of contingencies and there can be no guarantee that the transaction will be completed under its current terms, anticipated timeline, at the expected gross sale price, or at all. The transaction is expected to close in fourth quarter of 2022.

An unknown buyer completed the acquisition of Office/Flex Portfolio of INDUS Realty Trust from INDUS Realty Trust, Inc. (NasdaqGM:INDT) on December 5, 2022.