Great Plains
Holdings’ commercial real estate holdings subsidiary, Ashland Holdings, LLC,
has completed the renovation of its company headquarters located at 4060
Northeast 95th Road Wildwood, Fla. The renovation is expected to reduce Great
Plains’ operating costs and alleviate the company’s LiL Marc, Inc. subsidiary
of its annual warehouse leasing expense of $12,000.
The company reports
that the building renovation was completed several days ahead of the originally
projected completion date of April 30, 2014. Great Plains now plans to lease
three of the office spaces inside the building to increase annual revenues by a
projected gross of $18,000.
“We’re very pleased
with the renovations to our headquarters and the cost savings we expect to
realize from this project. It’s always a pleasure to report a successful
strategy to reduce operating cost and increase revenue while maintaining our
goal to keep zero debt,” Great Plains’ President Denis Espinoza stated in the
news release.
Ashland Holdings is
engaged in the acquisition and operation of commercial real estate. The
subsidiary’s current portfolio includes a 1,400-square-foot corporate office
building; an 800-square-foot warehouse for LiL Marc operations; and two
adjacent parcels of land, one of which includes a manufactured home that is
rented out for additional income. Great Plains’ principal business activity,
LiL Marc, is the maker of the “LiL Marc” training urinal for toddler boys.
For more information
visit www.gtph.com
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