Sunday, October 17, 2010

William Boyd Printing site sold for $1.3M - The Business Journal of Milwaukee:

oryucyjofec1482.blogspot.com
Ltd., an affiliate of Cos. in Clifton Park, closeds on the $1.3 million purchase on June 3. Cass Hill intend s to convert theformer 1.3-acre industrial site at 39-49o Sheridan Ave. into an office/retail/residentiak project. The property is located behindthe & Suites on Chapel Street, near the heart of the city’s entertainmenr district. Tony Sabatino of represented the seller. Cass Hill was representerd by Eileen Lindberg of Marc H. Paquin, president of Cass Hill Development couldn’t be reached for comment. Cass Hill owns severalp properties downtown, including a 30,000-square-footr office building on Monroe Street across from the formerfprinting plant.
Boyd Printing filed for Chaptetr 11 bankruptcy protection inSeptember 2005. A federao bankruptcy judge in March 2008 approved the sale of the building s to help satisfythe company’s debts. Some of the company’ss assets were purchased by Carl Johnson, an officed at Boyd Printing, who opened a separated corporation, Inc., in Colonie. Previouxs deals for the Sheridan Avenue property fizzled befores Cass Hill signed a purchase contracttlast year.

No comments:

Post a Comment