Ritter Communications & HB Partner to Free-Up Capital for Accelerated Fiber Network Deployment
Ritter Communications and Haag Brown Partner to Free-Up Capital for Accelerated Fiber Network Deployment Ritter Communications “We are really proud of our corporate headquarters building here in Jonesboro,” Alan Morse, president of Ritter Communications, said. “We plan to be here…
Ritter Communications and Haag Brown Partner to Free-Up Capital for Accelerated Fiber Network Deployment
Ritter Communications
“We are really proud of our corporate headquarters building here in Jonesboro,” Alan Morse, president of Ritter Communications, said. “We plan to be here for a long time, and our new 20-year lease with Haag Brown reflects that. However, the capital invested in the building wasn’t generating any direct return for our shareholders. This sale-leaseback transaction allows us to free up that capital to invest in further network expansion and new products and services.”
“This partnership demonstrates the progressive approach we’re taking to development in Northeast Arkansas,” said Joshua Brown, principal of Haag Brown Development, LLC. “We are more than a retail development firm; our team supports and develops a thriving business community in innovative ways. On a more personal note, being a Marked Tree native where Ritter Communications originated makes the partnership very meaningful for me.”
About Ritter Communications
Ritter Communications
About Haag Brown Development
Haag Brown Development