iPure Labs, Inc. Acquires Cabin Branch Commercial Project
22 Juli 2021 - 2:00PM
InvestorsHub NewsWire
iPure Labs, Inc.
Acquires Cabin Branch
Commercial
Project
Cabin Branch
is
the Initial
Project with Mark Vogel
Acquisitions, LLC
Baltimore, MD
-- July 22, 2021 -- InvestorsHub
NewsWire -- iPure Labs, Inc. (OTC:
IPLB) subsidiary Sora Ventures, LLC
has secured an equity interest in the Cabin Branch Commercial Real
Estate Project in Prince George County,
Maryland. In conjunction with the
previously announced Definitive
Memorandum of
Understanding on July 8, 2021
with Mark
Vogel Acquisitions,
LLC, Sora
Ventures has secured an equity position in this
project.
CEO Thomas
Fore
stated,
"We really like
the community and the site which located in front of
Armstrong Village, a new 200-unit townhouse development by NVR-Ryan
Homes which is located just off the 495 (Washington DC Beltway) at
the new $78M Suitland Parkway Interchange in Upper Marlboro,
Maryland. The parcel is zoned MTX and is a prime location for
commercial pad sites or for an in-line commercial
center."
Mr. Fore
went on to
say,
"We are
excited about the development of the relationship with
Mark Vogel
Acquisitions. Sora
Ventures is committed to its strategic partnership
with Mark
Vogel Acquisitions which will allow us to
provide vertical development services to one of Maryland's top land
development experts and
socially
responsible entrepreneurs. This
1.46 acre commercial site
is a prime
location located on Prince George
County and is located within the County's redevelopment zone
and we expect
this to be the first of many projects for this very special
strategic partnership"
About iPure
Labs, Inc.:
a
Real Estate company
focused on
multi-million
dollar "develop to own" projects through its
subsidiary, Sora Ventures. The company also offers Real
Estate Advisory Services via its subsidiary, TideRock Development.
iPure
Labs, Inc. (OTC
Pink: IPLB) is headquartered in Baltimore, MD., and can be
contacted at www.ipurelabs.com or
by phone at (800) 791-8433.
Notice Regarding
Forward-Looking Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations
or intentions
regarding the future. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations
and intentions
contained in this press release are reasonable, there can be no
assurance that any such beliefs, plans, expectations or intentions
will prove to be accurate.
For more
information:
iPure
Labs,
Inc.
Thomas B. Fore,
CEO
Email: info@ipurelabs.com
Phone: (800)
791-8433
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