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$2M buy a sweet deal.


GVA GVA

general visceral afferent system of nerves.
 Williams of Connecticut announced that Mamma Sez, Inc., a high-quality baking company specializing in confectionary products, purchased a 53,000 s/f facility and 143 acres in the town of Ferndale, in Sullivan County, New York Sullivan County is a county located in the U.S. state of New York. As of the 2000 census, the population was 73,966. The county seat is Monticello. The name is in honor of Major General John Sullivan, who was a hero in the American Revolutionary War. . The purchase price was $2.55 million.

Over the next three years, Mamma Sez, Inc. plans to make $5 million in improvements to the former Budweiser distribution plant to create a new state-of-the-art, food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes.  and distribution facility.

The GVA Williams investment sales team of president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Cory Gubner and vice president Jon Sabrowski completed the transaction on behalf of Mamma Sez, Inc. The seller was Jay Heimowitz Jay B. Heimowitz (born December 26 1937) is an American poker player from Bethel, New York. Jay was one of the original players that helped establish the Mayfair Club as a premier poker house.

He started playing poker for baseball cards at the age of 9.
.

"Given the unique opportunity to acquire such a large facility on a large parcel of land provides Mamma Sez with room to grow," Gubner said.

"We are pleased to have played a role in the ongoing revitalization of Sullivan County's economy. The company considered numerous sites throughout the tri-state region before settling in Sullivan County. The economic development people did a tremendous job of selling the area and providing an excellent incentive package. We look forward to bringing more companies to the area."
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 12, 2005
Words:189
Previous Article:Walgreens building is sold for $5.5M.
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