VSJ Fund new building to go into contract



Yesterday we entered into an agreement to draft a contract for VSJ to purchase a 17,000 sq ft warehouse with amazing ocean views, and develop it to spec for 70% resale to a premium artisan rum distiller, who will set up a distillery and rum tasting center (bar). We are targeting 6 months to have building ready for the distiller and another 3 months to be ready for the first drinks to be poured. What is really exciting, is that this location will be minutes from the cruise ship port and will divert the regular visitor traffic from the Bacardi facility which is 20 minutes away by tour bus. The details and model for this transaction will be in the deal room by Saturday


This sounds really exciting! Thank you for the update!