Item 2. Properties
ITEM
2. PROPERTIES
Location
Owned/Leased
Function
Building(s) Sq. Footage
Total Acreage
Broomfield, CO (1)
Leased
Corporate office, MV, PWS
3,864
n/a
Commerce City, CO (2)
Leased
REGS operations
8,686
1.8
(1)
On
May 1, 2019, the Company executed a lease for 3,864 square feet of office space that serves as the headquarters for SEER,
MV and PWS. The new lease terminates August 31, 2026, unless otherwise extended.
(2)
On
April 1, 2016 REGS executed a four-year lease for 8,686 square feet of building and approximately 1.8 acres of yard. The discontinuing
of REGS operations does not reduce the lease obligations at December 31, 2019.
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