Zoned Properties Enhances Future Growth Potential with Expanded Real Estate Services and PropTech Project Advancements

Enhanced growth model includes core real estate services and partnerships; Franchise, broker, consulting and PropTech data services with a focus on development and investment synergies

Zoned Properties®, Inc. (the “Company”) (OTCQB: ZDPY), a strategic real estate development company whose primary mission is to provide real estate and sustainability services to the regulated cannabis industry, today announced a major update on the company’s growth model with enhanced model Real estate services for the regulated cannabis industry and advances in its data strategy for real estate technology (PropTech).

Zoned Properties is improving the way highly regulated properties in emerging sectors such as cannabis are developed, designed and managed to unlock growth potential and strengthen further investment opportunities.

The company’s expanded growth model includes bespoke solutions and services that have been lacking in regulated commercial real estate development. Zoned Properties’ “flywheel model” includes niche-market consulting, brokerage, franchise and PropTech data services. Each department pools resources and information to increase project value and reduce risks in complex real estate projects.

“Our multi-faceted flywheel approach came to fruition after years of direct project experience in highly regulated industries where projects urgently needed these services but were largely unavailable. This growth strategy can also help foster a strong pipeline of investment opportunities where other companies are not ready. ” or unable to walk, “said Bryan McLaren, chief executive officer.

The company’s new PropTech Data Services strategy aims to provide project teams and real estate professionals with a valuable resource to address the challenges of securing and developing legally compliant real estate portfolios. The PropTech Data Services platform will include a geographic information system (GIS) for “green zones” of real estate, allowing users to independently search for buildings and land that meet regulatory requirements for their cannabis project. GIS platforms have the ability to integrate different types of data that provide users with functional layers of information and spatial location through maps and 3D images.

The story goes on

The Commercial Real Estate Advisory Services division will continue to provide a blueprint for success by effectively securing opportunity, accelerating learning curves in emerging industries, and unlocking long-term value. This strategic avenue mitigates the risk and reduces the financial burden on those involved in handling a cannabis real estate plan.

The team at Zoned Properties Brokerage have created a seamless experience for real estate clients with their in-house Commercial Real Estate Brokerage. The area simplifies the processes in regulated industries with highly complex transactions and helps customers avoid delays and not jeopardize their investments.

Zoned Properties has further differentiated itself in the regulated commercial real estate sector through its partnership with the national retail dispenser, The Open Dør. The franchise model offers a trustworthy, turnkey solution to unlock the potential of cannabis real estate while maintaining business independence. Open Dør offers an integrated support system and infrastructure of a larger company without risking owning a pharmacy.

“We are working to redefine the approach to commercial real estate development in these regulated sectors through our value-driven service offerings that were developed out of need to support an evolving and increasingly complex business landscape,” commented Bryan McLaren, Chief Executive officer.

Through the company’s diversified investment and lease income strategy, it has developed a debt-free real estate portfolio with cash. Recently, Zoned Properties successfully took advantage of its Chino Valley, Arizona property to receive a minimum of $ 8 million in capital improvements from its significant tenant to be used for infrastructure expansion. Completing the operational readiness of the Chino Valley project will trigger a change in the long-term lease that Zoned Properties expects to result in a significant increase in rental income when completed.

Zoned Properties believes its advanced flywheel model has been a critical catalyst for the company to leverage its market expertise and foundational assets to continue investing in diversified growth opportunities, thereby positioning the company to deliver a sustainable dividend on its Shareholders realized as an investment return.

About Zoned Properties, Inc. (OTCQB: ZDPY):

Zoned Properties is a leading real estate development company serving emerging and highly regulated industries, including regulated cannabis. With its integrated growth services, the company is redefining the approach to commercial real estate investments.

Headquartered in Scottsdale, Arizona, Zoned Properties has developed a full suite of integrated growth services to support its real estate development and investment model; Advisory services, brokerage services, franchise services and data services fertilize each other within the model in order to increase the project value of complex real estate projects. With national experience and a team of experts dedicated to the emerging cannabis industry, Zoned Properties caters to the specific needs of a modern market in highly regulated industries.

Zoned Properties is an accredited member of the Better Business Bureau, the US Green Building Council and the Forbes Real Estate Council. Zoned Properties does not build, harvest, sell, or distribute cannabis or substances regulated under United States law such as the Controlled Substance Act of 1970, as amended (the “CSA”). Zoned Properties’ corporate office is located at 14269 N. 87th Street, Suite 205, Scottsdale, Arizona. For more information, call 877-360-8839 or visit www.ZonedProperties.com.

Website: www.ZonedProperties.com
Twitter: @ZonedProperties
LinkedIn: @ZonedProperties

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release other than historical facts are forward-looking statements. In some instances, forward-looking statements may be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potentially,” “continue,” or similar expressions. Such forward-looking statements involve risks and uncertainties and there are important factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. These factors, risks, and uncertainties are discussed in the company’s filings with the Securities and Exchange Commission. Investors should not place undue reliance on forward-looking statements as they involve known and unknown uncertainties and other factors which in some cases are beyond the control of the company and which could and are likely to materially affect actual results, levels of activity and performance. Any forward-looking statement reflects the company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results, growth strategy and liquidity. The company assumes no obligation to publicly update or revise these forward-looking statements for any reason or to update the reasons why actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

COVID-19 statement

In March 2020, the World Health Organization declared COVID-19 a global pandemic and recommended containment and containment measures worldwide. We are closely monitoring this and while operations have not been materially impacted by the COVID-19 outbreak, the ultimate duration and severity of the outbreak and its impact on the economic environment and our business are uncertain. Currently, all properties in our portfolio are open to our major tenants and their customers and will remain open according to state and local authority requirements. We did not experience any significant changes in our operations due to COVID-19 in 2020 and we do not see any significant changes in 2021. Our tenants continue to generate sales in these properties and have continued to make rental payments in full and on time, and we assume that the tenants’ liquidity position is sufficient to cover the expected rental obligations. Accordingly, while we do not expect any impact on our operations, we cannot estimate the duration of the pandemic and the possible impact on our business if the properties have to be closed or the tenants are otherwise unable or unwilling to make rental payments. In addition, a severe or prolonged economic downturn could pose a variety of risks to our business, including weaker demand for our properties and a limited ability to raise additional capital when needed, if at all, on acceptable terms. At this time, the company cannot assess the impact of this event on its business operations.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210608005269/en/

contacts

Media work
Proven media
Neko Catanzaro
Tel (401) 484-4980
[email protected]

Investor Relations
Zoned Properties, Inc.
Bryan McLaren
Tel (877) 360-8839
[email protected]
www.zonedproperties.com