BlueLinx announces $8.2M property sale

theflyonthewall.com

BlueLinx Holdings announced the sale of its office building located in Denver, Colorado. The approximately 68,000-square-foot office building sold for $8.2M. The company will use the proceeds from the sale to pay down debt. The company expects to record a gain of approximately $4M related to this transaction in Q3 as a reduction of operating expense.

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