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.”
Major Vidalia packing house and land sold at auction http://bit.ly/2pcK6q5 pic.twitter.com/MgNApushyX
Sold! 620 acres, packing house, and packing house equipment in Tattnall County, GA sold for $5.5M http://www.murraywiseassociates.com/farmland-real-estate/auction/ItemId/103/Georgia/Tattnall-County … pic.twitter.com/GA2z8N0zU5
Out at 680ac property in Cobbtown, GA from 10-Noon today. Stop by, tour the packing facility & learn about auction! http://www.murraywiseassociates.com/farmland-real-estate/auction/ItemId/103/Georgia/Tattnall-County … pic.twitter.com/8rEjRajZVE
Sold! 80 acres of Grundy County, IL farmland northwest of Dwight sold for $10,800/ac this morning at auction - over 70 people in attendance! pic.twitter.com/ktvQfba8Iw
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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