November 17, 2024 7:28 am
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Hensley sells distribution facilities to Angelo, Gordon & Co. for $76 million

Phoenix/Chandler/Prescott Valley – In a sale/leaseback deal totaling $76 million ($131.72 per foot), Hensley & Co. in Phoenix (Cindy Hensley McCain, chairman) has sold three beverage distribution facilities located in Phoenix, Chandler and Prescott Valley. The buyer of the 577,000 sq. ft. of buildings was a company formed by Angelo, Gordon & Co. in New York City, NY. Records show ANGL Hops LLC (formed by Angelo, Gordon) was the buyer in three, separate cash transactions. The sellers were Hensley & Co. and affiliated entities. The deal was negotiated through Chris Toci, Chad Little and Jim Wilson of Cushman & Wakefield of Arizona Inc. in Phoenix. Continue reading:

 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.