East Coast Brokers and Packers Inc. is offering its tomato production and packing facilities to sealed bidders.
Mulberry, Fla.-based East Coast plans to sell its farms and packing operations as well as other property including a motel and luxury condominiums in a series of sealed bid offerings.
Once one of Florida’s largest tomato grower-shippers, East Coast filed for bankruptcy March 6 after it stopped growing and shipping tomatoes last fall.
A series of deadlines for filing sealed bids on separate groups of properties begins June 20 and ends July 5.
A court-supervised auction is scheduled to oversee the bidding process, according to a news release.
In Florida, the family-owned East Coast is offering more than 7,000 acres of farmland, two packinghouses, two labor camps, a former Bible college, a Plant City hotel as well as luxury condominiums in Naples, Fla., and Stuart, Fla.
In Virginia, 3,000 acres of farmland, four packinghouses, seven worker camps as well as two homes are up for bid.
The family is accepting bids for a warehouse and cold storage operations, commercial and residential buildings, industrial and residential lots and several luxury homes in Virginia, West Virginia and Pennsylvania, according to the release.
"Taken as a whole, these properties amount to a major integrated operation,” Ken Nofziger, president of Murray Wise Associates, which is handling the disposition of East Coast’s property, said in the release. “Individually, the properties represent a major value to packers, farmers or investors."
For more information, visit www.murraywiseassociates.com or call 800-607-6888.