SAN DIEGO, April 6, 2018 /PRNewswire/ — ProGreen US, Inc. (ProGreen) (OTCQB:PGUS), a San Diego-based company with land development projects in Baja California, Mexico, today filed a public disclosure of the market value appraisal received from CBRE for its Cielo Mar property.
The intended use of this market value appraisal is for obtaining financing for the company and its projects. The valuation report is comprehensive, including analysis by CBRE of the property, comparable properties and sales, as well as local and general market conditions.
Cielo Mar – The Future of Living: Located in the Bay of Rosario, on the Pacific coast of Baja California, Cielo Mar is being planned as a totally green, 5,000-acre resort-style vacation and retirement community. With a year-round climate very similar to San Diego, this planned development gets its name from “cielo,” meaning “heaven,” and “mar,” which means “sea” – making Cielo Mar “Heaven By The Sea.”
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