Rorye Hatcher, Marketing and Communications Associate
Pride Investment Partners
317-468-2515×228 | email@example.com
FOR IMMEDIATE RELEASE
PRIDE INVESTMENT PARTNERS DONATES LAND, BUILDING TO TOWN OF GALVESTON
Land of .3 acres and 3,100-square-foot building included in donation
GALVESTON, IN DECEMBER 24, 2021 – Pride Investment Partners, a real estate and private equity investment company based in Greenfield, Indiana, recently donated land and a building worth nearly $50,000 to the town of Galveston.
The site, at 306 S. California Street in Galveston, contains .3 acres of land and a building measuring 3,100 square feet, according to Keith White, partner with the company. Pride Investment Partners owned the land through the acquisition of the Red Barn gas station chain in central and northern Indiana – when the GasAmerica gas stations were in operation, he said.
“That particular store was too close to one of our newer GasAmerica locations,” he said. “Rather than converting Red Barn into another GasAmerica, as a company we decided it made the most sense to close this location altogether. So, we rented it to the town, who utilized it for its police and town hall. We are grateful to be able to turn over ownership of this land to the city for their continued use.”
Galveston Town Council President Wes Hull said the building has been used as the police department for some 8 years and as the town hall for 5 years. He said the previous lease had been a good deal, and now that the town owns the building, leaders look forward to keeping their departments there for years to come.
“We got the deed this month,” he said. “It’s like a Christmas present for the town.”
Galveston is a town in Cass County, with a population of about 1,226 according to the 2019 United States Census, and is located in north central Indiana.
ABOUT PRIDE INVESTMENT PARTNERS, LLC
Pride Investment Partners, LLC in Greenfield, Indiana, is a real estate and direct equity investment company with a wide variety of ventures in retail, hotels, strip centers, and both residential and commercial real estate development. Pride’s experience as a group is expansive and includes key members that were part of the executive team for GasAmerica Services, Inc., a large chain of convenience stores that operated out of Indiana and Ohio for nearly 30 years. Other key members of the team stem from Lee and Ryan Environmental Consulting, an environmental and construction firm which operated for more than 20 years. Their extensive experience in construction and environmental affairs for the private and public sector provide a wealth of expertise to draw upon at Pride Investment Partners. This combined group, which makes up Pride Investment Partners, is actively involved in a number of projects and seeking new investment opportunities utilizing their overarching areas of expertise. For more information, visit www.prideip.com.