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Odyssey Real Estate Capital, Gordon Brothers Group, and New Mill Capital Holdings sell Massachusetts industrial plant

Odyssey Real Estate Capital, Gordon Brothers Group, and New Mill Capital Holdings have sold the Massachusetts-based industrial plant which was once owned by Sunny Delight Beverages. The buyer was not identified and no financial terms were disclosed. Odyssey Real Estate Capital, a Las Vegas-based real estate investment firm, completed the sale of its 332,000 square ft industrial real estate project. According to a release published on PE Hub, Sunny Delight Beverages, the previous owner of the plant, had attempted to sell the industrial building throughout 2015 but was unable to find a buyer. However, in November 2016, Odyssey, New Mill Capital from Los Angeles and Gordon Brothers Group from Boston, were able support the team in finding a buyer and closing the deal. The 29-acre factory campus includes a juice processing plant, a bottling and cold storage facility, warehousing, research and office facilities, a rail spur and a high capacity reverse osmosis water processing plant.

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PE Deals,asset purchase,real estate,Sunny Delight,Odyssey Real Estate Capital,Massachusetts,Gordon Brothers Group,New Mill Capital,asset sale