Davison Leases Guide Building to V-Vehicle

Guideco Properties, LLC – a James Davison front company – has leased the old GM Guide building to the controversial V-Vehicle Company. According to documents obtained by Lincoln Parish News Online, the lease is for fifteen years with an option for the tenant to buy the building during the term of the lease.

The documents do not disclose the lease amount to be paid by the tenant, nor at what price the purchase option might be exercised. LPNO had reported earlier that Davison paid $3.3 million for the property in 2008.

Davison is not listed in SEC documents as an officer or director of V-Vehicle Company.

4 Responses to “Davison Leases Guide Building to V-Vehicle”

  1. Car Exec Refuses to Disclose Lease Amount « Lincoln Parish News Online Says:

    […] Ruston businessman James Davison. A lease between the two was negotiated last month, (see our story here) but the documents on file at the Ouachita Clerk of Court did not disclose the lease […]

  2. OPPJ Hell-bent to Sell V-Vehicle Bonds « Lincoln Parish News Online Says:

    […] by Guideco Properties, LLC, a front company for Ruston businessman James Davison. The facility is now under lease to the company at an undetermined […]

  3. V-Vehicle not on OPPJ’s Agenda « Lincoln Parish News Online Says:

    […] by Guideco Properties, LLC, a front company for Ruston businessman James Davison. The facility is now under lease to the company at an undetermined […]

  4. OPPJ Staff, Assessor Discuss V-Tax Refund « Lincoln Parish News Online Says:

    […] by Guideco Properties, LLC, a front company for Ruston businessman James Davison. The facility is now under lease to the company at an undetermined […]

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