Global Food Properties was pleased to represent a leading branded foods manufacturer in the sale of a purpose-built frozen production plant in the Mid-South. The property’s high-finishes and frozen production infrastructure created significant interest concurrent with the plant closing announcement.
A general scarcity of available food production space heightened demand, and drove pricing expectations. Additionally, the potential to capture the plant’s labor created a unique opportunity, as the Buyer effectively was able to capture the facility in operation, subject only to its modifications of certain lines and products.
Who you choose matters. The strength and speed of this transaction stemmed from Global Food Properties’ time-tested relationships with both parties, where a utopian outcome resulted more from a marriage of interests, than a zero-sum property negotiation.
For additional details on the advantages of private market-making, please contact our Co-Founder & Designated Managing Broker, Jeffrey J. Counsell, at +1 312 589 8844 or jeff.counsell@globalfoodproperties.com.