{"id":1004192109,"date":"2017-09-29T02:31:32","date_gmt":"2017-09-29T10:31:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004192109"},"modified":"2022-12-08T21:35:35","modified_gmt":"2022-12-09T05:35:35","slug":"duber-secures-50m-funding-for-15-cannabis-distribution-centers","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/duber-secures-50m-funding-for-15-cannabis-distribution-centers\/","title":{"rendered":"d\u00fcber Secures $50M Funding for 15 Cannabis Distribution Centers"},"content":{"rendered":"

By Keith Loria<\/em><\/p>\n

\"Glenn<\/a>

Glenn Ballman, d\u00fcber founder & CEO<\/p><\/div>\n

d\u00fcber Technologies Inc. has signed a $50 million funding agreement with Vacone Real Estate to acquire, fit out and master lease 15 cannabis distribution centers, totaling 400,000 square feet, in the states of Washington, Oregon, California, Nevada and Arizona.<\/p>\n

\u201cAt d\u00fcber, we see an unmet market opportunity for cannabis producers, processors and retailers in key parts of the country,\u201d <\/em>Glenn Ballman, d\u00fcber\u2019s founder, said in a prepared release. \u201cThis expansion will allow us to serve our distribution and courier partners while continuing to expand our integrated, omni-channel, real-time platform to partners and consumers in key markets in the cannabis industry.\u201d<\/em><\/p>\n

d\u00fcber provides customers with online ordering, self-serve systems, global product search, digital signage and advertising products. According to Ballman, the company has aspirations to launch several more including retail point of sale, and a home delivery engine for retailers.<\/p>\n

Vacone Real Estate owns more than 1 million square feet of space, including industrial, multi-family and restaurant.<\/p>\n

\u201cWe welcomed the opportunity to work with d\u00fcber, as we believe in the vision they have for the future of the industry, their technology platform and their commitment to helping small and medium cannabis companies succeed,\u201d<\/em> Brandon Rainone, Vacone Real Estate\u2019s president, said.<\/p>\n

A growing sector<\/h2>\n

The industry has seen a large growth in distribution sites for the legal cannabis industry of late. In May, Innovative Industrial Properties Inc. acquired a\u00a072,000-square-foot industrial building in Capitol Heights, Md., for $8 million, with the facility acting as a medical-use cannabis cultivation center. In July, Calare Properties acquired a 36,000-square-foot warehouse in Littleton, Mass., and signed Premier Health Group LLC to a 10-year lease. The company plans on using the space as a cultivation facility for medical medical marijuana<\/a>.<\/p>\n

Image courtesy of d\u00fcber Technologies<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The company signed an agreement with Vacone Real Estate to acquire, fit out and master lease the properties, which total 400,000 square feet.<\/p>\n","protected":false},"author":451,"featured_media":1004192207,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21808,21748,21783,23891,21742],"tags":[37715,35350,37714],"class_list":["post-1004192109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-featured","category-industrial","category-investment","category-national","category-latest","tag-duber-technologies","tag-innovative-industrial-properties-inc","tag-vacone-real-estate"],"acf":[],"yoast_head":"\nd\u00fcber Secures $50M Funding for 15 Cannabis Distribution Centers - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/duber-secures-50m-funding-for-15-cannabis-distribution-centers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"d\u00fcber Secures $50M Funding for 15 Cannabis Distribution Centers\" \/>\n<meta property=\"og:description\" content=\"The company signed an agreement with Vacone Real Estate to acquire, fit out and master lease the properties, which total 400,000 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/duber-secures-50m-funding-for-15-cannabis-distribution-centers\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-29T10:31:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T05:35:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Glenn-Ballman.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keith Loria\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/duber-secures-50m-funding-for-15-cannabis-distribution-centers\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/duber-secures-50m-funding-for-15-cannabis-distribution-centers\/\",\"name\":\"d\u00fcber Secures $50M Funding for 15 Cannabis Distribution Centers - 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