Leatherby's buys its Arden building after 32 years of leasing
Leatherby’s Family Creamery bought its building at 2333 Arden Way using a Small Business Administration real estate loan.
The company had been leasing the building for the past 32 years.
The ice cream parlor paid $2.7 million for the 36,800-square-foot building using an SBA 504 loan. The SBA 504 loans are for owner-operators to buy their own buildings or underlying real estate.
“Through the SBA 504 program, many business owners have realized the benefits of owning versus leasing,” Barbara…
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Leatherby's buys its Arden building after 32 years of leasing,
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