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.