Global Food Properties was pleased to procure a private investor in the sale of a 138,000 SF former bakery plant in the Southeast. The Seller was a leading asset disposition firm, expert at acquiring manufacturing plants and their assets, and then leveraging the pieces for a sum greater than the whole. Here, we were dual agents for the Seller, as well as the procuring broker.
The scarcity of good industrial space, coupled with improvements made to the facility before going to market, drove heightened demand both within and beyond the food sector. Though built as a dry bakery, the property traded to an investment firm expanding its holdings in a highly desirable Southeastern sub-market.
Who you choose matters. Global Food Properties’ fluency in both end-users and investors of purpose-built food production plants helped create an outsized return in less than eight months.
For additional details on how we can add value to your food facility holdings, please contact our Co-Founder & Designated Managing Broker, Jeffrey J. Counsell, at +1 312 589 8844, or email@example.com.