April 28, 2017
VIDALIA, Georgia -- The packing house, land and equipment formerly used in the produce operations for Plantation Sweets sold this week for $6.1 million in two bank-ordered auctions. These assets were a major part of one of the larger growing and packing operations for Vidalia onions and sweet potatoes in the state of Georgia.
“There has been a scarcity of large tracts of land available in this area recently and when the opportunity arose for individuals in this community to add to their operation, they took it” noted Ben Crosby, of Crosby & Associates.
Paul Erickson, CEO of Conterra Asset Management, representing the real estate lender stated, “We could not be more pleased with the results generated by Murray Wise Associates and the entire auction team. We feel confident that we captured the top of the market based on the quality and quantity of the bidders that participated in the auctions.”
We had a great crowd with very active bidding today as 1,002 acres was successfully sold in Northern Ohio for $5,100,000. pic.twitter.com/2UL9xOCTa4
"IOWA, Webster County - In a leaseback sale, 142 acres of farmland sold to an investor for $1.19 million, or $8,380 per acre. The seller will continue to farm the property." -Farmland Sales Report https://www.dtnpf.com/agriculture/web/Ag/news/business-inputs/article/2018/02/26/farmland-sales-report?referrer=twitter#.Wp2jv1As73Y.twitter …
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Stop by and see us today at the @ChicagoFarmers expo! #FarmlandForum2018 #ChicagoFarmers pic.twitter.com/jIylFyXjju
Murray Wise Associates LLC
1605 South State Street, Suite 110
Champaign, IL 61820
800.607.6888 (Toll free)
Real Estate and Farm Management
Murray Wise Capital
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