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Target Hospitality Secures Five-Year Lease With CoreCivic For Dilley Facility, Stock Gains

Summary

Target Hospitality has entered a five-year lease agreement with CoreCivic to reactivate its Dilley, Texas facility. This agreement revives the South Texas Family Residential Center, which Target previously managed. The facility will accommodate up to 2,400 individuals and is projected to generate over $246 million in revenue by March 2030.

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Article published on March 6, 2025 by benzinga