Safe and Green Holdings Enters into Agreement with Three Pines Leasing to Supply Modular Office and Storage Units to Government Agency
Safe & Green Holdings (NASDAQ: SGBX) has secured a contract with Three Pines Leasing to provide multiple modular units for a U.S. government agency. The company will leverage its expertise in converting shipping containers into office and storage spaces. This multi-unit order is anticipated to be the first of several throughout 2025, building on an existing relationship between the parties.
The project involves repurposing and modifying shipping containers into portable storage and office units, similar to previous projects completed by SGBX for the same government agency through Three Pines Leasing. The company's CEO, Mike McLaren, emphasized their continued focus on container conversion expertise and valued partnership with Three Pines Leasing.
Safe & Green Holdings (NASDAQ: SGBX) ha ottenuto un contratto con Three Pines Leasing per fornire diverse unità modulari a un'agenzia governativa degli Stati Uniti. L'azienda sfrutterà la sua esperienza nella conversione di container marittimi in spazi per uffici e magazzini. Questo ordine multiplo è previsto come il primo di una serie nel corso del 2025, consolidando il rapporto già esistente tra le parti.
Il progetto prevede il riutilizzo e la modifica di container marittimi in unità portatili per magazzino e ufficio, simili a quelli realizzati in precedenza da SGBX per la stessa agenzia governativa tramite Three Pines Leasing. Il CEO dell'azienda, Mike McLaren, ha sottolineato il continuo impegno nell'expertise di conversione dei container e il valore della partnership con Three Pines Leasing.
Safe & Green Holdings (NASDAQ: SGBX) ha asegurado un contrato con Three Pines Leasing para suministrar múltiples unidades modulares a una agencia gubernamental de EE. UU. La compañía aprovechará su experiencia en la conversión de contenedores marítimos en espacios de oficina y almacenamiento. Se espera que este pedido múltiple sea el primero de varios a lo largo de 2025, fortaleciendo la relación existente entre las partes.
El proyecto consiste en reutilizar y modificar contenedores marítimos para convertirlos en unidades portátiles de almacenamiento y oficina, similares a proyectos anteriores realizados por SGBX para la misma agencia gubernamental a través de Three Pines Leasing. El CEO de la compañía, Mike McLaren, destacó su enfoque continuo en la experiencia en conversión de contenedores y la valiosa colaboración con Three Pines Leasing.
Safe & Green Holdings (NASDAQ: SGBX)가 Three Pines Leasing과 미국 정부 기관에 다수의 모듈러 유닛을 제공하는 계약을 체결했습니다. 이 회사는 해상 컨테이너를 사무실 및 저장 공간으로 전환하는 전문성을 활용할 예정입니다. 이번 다중 유닛 주문은 2025년 동안 여러 차례 이어질 첫 주문으로 예상되며, 양측 간 기존 관계를 기반으로 합니다.
이 프로젝트는 이전에 SGBX가 Three Pines Leasing을 통해 동일 정부 기관을 위해 완료한 프로젝트와 유사하게 해상 컨테이너를 휴대용 저장 및 사무실 유닛으로 재활용 및 개조하는 작업을 포함합니다. 회사의 CEO인 Mike McLaren은 컨테이너 전환 전문성에 대한 지속적인 집중과 Three Pines Leasing과의 소중한 파트너십을 강조했습니다.
Safe & Green Holdings (NASDAQ : SGBX) a obtenu un contrat avec Three Pines Leasing pour fournir plusieurs unités modulaires à une agence gouvernementale américaine. L'entreprise mettra à profit son expertise dans la conversion de conteneurs maritimes en espaces de bureau et de stockage. Cette commande multiple devrait être la première d'une série en 2025, renforçant la relation existante entre les parties.
Le projet consiste à réutiliser et modifier des conteneurs maritimes pour en faire des unités portables de stockage et de bureau, similaires aux projets précédemment réalisés par SGBX pour la même agence gouvernementale via Three Pines Leasing. Le PDG de l'entreprise, Mike McLaren, a souligné leur engagement continu dans l'expertise de conversion de conteneurs et la précieuse collaboration avec Three Pines Leasing.
Safe & Green Holdings (NASDAQ: SGBX) hat einen Vertrag mit Three Pines Leasing abgeschlossen, um mehrere modulare Einheiten für eine US-Regierungsbehörde bereitzustellen. Das Unternehmen wird seine Expertise in der Umwandlung von Versandcontainern in Büro- und Lagerflächen nutzen. Diese Mehrfachbestellung wird voraussichtlich die erste von mehreren im Jahr 2025 sein und baut auf der bestehenden Beziehung zwischen den Parteien auf.
Das Projekt umfasst die Umnutzung und Modifikation von Versandcontainern zu tragbaren Lager- und Büroeinheiten, ähnlich wie bei früheren Projekten von SGBX für dieselbe Regierungsbehörde über Three Pines Leasing. Der CEO des Unternehmens, Mike McLaren, betonte den weiterhin starken Fokus auf die Container-Umwandlungskompetenz und die geschätzte Partnerschaft mit Three Pines Leasing.
- Contract secured with Three Pines Leasing for government agency projects
- Multiple additional contracts expected throughout 2025
- Builds on existing successful relationship with government contractor
- None.
Multi-unit order expected to be first of several over the course of 2025
MIAMI, FL, May 27, 2025 (GLOBE NEWSWIRE) -- Safe & Green Holdings Corp. (NASDAQ: SGBX) ("Safe & Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures diversified platform transforming critical infrastructure through sustainable modular innovation, announces entering into a contract with Three Pines Leasing of Ocilla, GA. to supply multiple modular units expected to be leased by a U.S. government agency. An established U.S. government contractor, Three Pines Leasing has an established relationship with the Company and expects to enter into additional contracts throughout the balance of 2025.
Mike McLaren, Safe and Green Holdings Chairman and CEO commented, “We continue to leverage our expertise in the area of converting modular units like shipping containers into more usable space like offices and storage units. We continue to value our relationship with Three Pines Leasing and look forward to further opportunities to provide their partners with these spaces.”
The Company will utilize its expertise in repurposing and modifying shipping containers to construct portable storage and office units. The current contract is similar to previous projects performed by the Company for this government agency in connection with its relationship to Three Pines Leasing.
About Safe & Green Holdings Corp.
Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value. For more information, visit https://www.safeandgreenholdings.com/ and follow us at @SGHcorp on Twitter.
Safe Harbor Statement
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the additional contract with Three Pines Leasing for multiple modular units to be leased by a U.S. government agency. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the Company’s ability to successfully fulfill the contract with Three Pines Leasing, the effect of government regulation, the Company’s ability to maintain compliance with the NASDAQ listing requirements, and the other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
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FAQ
What is the new contract between SGBX and Three Pines Leasing for?
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