【Wiwynn】Subsidiary Wiwynn Technology Corporation Announces Acquisition of Real Estate Right-of-Use Assets
Wiwynn's subsidiary has signed leases for two buildings in Socorro, Texas, with a total asset value of approximately $123 million.
📋 Article Processing Timeline
- 📰 Published: April 24, 2026 at 09:00
- 🔍 Collected: April 25, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 25, 2026 at 08:30 (30 min after Collected)
1. Subject matter: Right-of-use assets for buildings in Socorro, Texas, USA.
2. Date of occurrence: April 24, 2026.
3. Board approval date: April 24, 2026.
4. Transaction details:
Item 1: Area 439,796 sq ft; Monthly rent $458,120.83; Asset value $59,628,235.60.
Item 2: Area 441,266 sq ft; Monthly rent $487,231.21; Asset value $63,352,794.23.
5. Counterparties: SLC BUILDING 6, LLC and SLC BUILDING 9, LLC (Non-related parties).
6. Relationship: Non-related parties.
7. Lease period:
Item 1: July 1, 2027 to Dec 31, 2039.
Item 2: June 1, 2027 to Nov 30, 2039.
8. Decision method: Negotiation based on market rates.
9. Appraisers: Cushman & Wakefield and Wilkinson, Pendergras & Associates, LP.
10. Appraised values: Consistent with transaction amounts (approx. $59M-$61M per building).
11. Purpose of acquisition: To meet operational requirements.
12. Related party transaction: No.
2. Date of occurrence: April 24, 2026.
3. Board approval date: April 24, 2026.
4. Transaction details:
Item 1: Area 439,796 sq ft; Monthly rent $458,120.83; Asset value $59,628,235.60.
Item 2: Area 441,266 sq ft; Monthly rent $487,231.21; Asset value $63,352,794.23.
5. Counterparties: SLC BUILDING 6, LLC and SLC BUILDING 9, LLC (Non-related parties).
6. Relationship: Non-related parties.
7. Lease period:
Item 1: July 1, 2027 to Dec 31, 2039.
Item 2: June 1, 2027 to Nov 30, 2039.
8. Decision method: Negotiation based on market rates.
9. Appraisers: Cushman & Wakefield and Wilkinson, Pendergras & Associates, LP.
10. Appraised values: Consistent with transaction amounts (approx. $59M-$61M per building).
11. Purpose of acquisition: To meet operational requirements.
12. Related party transaction: No.