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ALSO SPONSORED BY:
Wine Industry Insight |
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Wine Industry Insight has confirmed through real estate records that Sutter Home Winery has purchased the real estate of the former Havens Wine Cellars from Entertainment Properties Trust (NYSE: EPR).
The $6.5 million transaction, which closed on June 15, for $6.5 million, was first reported June 14 in EPR’s 8K filing with the Securities and Exchange Commission. The SEC filing did not specify a buyer.
According to EPR’s December 10K document,the Havens Wine Cellars property was purchased in 2006 for $7 million and leased back to Billington Imports which had previously purchased the winery from Michael Havens
Further details here as they become available.