Retail Owned and Leased Property Services Industrial Owned and Leased Property Services Commercial Owned and Leased Property Services Residential Portfolio-Related Services
 
 

News Article

Hilco Engaged To Conduct Turnkey Sale of Former Jockey International Properties in Jamaica

Northbrook, IL (July 23, 2012) -- Hilco, a world leader in asset disposition solutions, has been engaged to sell two ocean front manufacturing properties and equipment in a turnkey sale. 

The first property is an 87, 649 SF manufacturing and cold storage facilities on 10 acres in Sandy Bay - Hanover, Jamaica.  As currently configured, the property is suited for use as food/candy production operation or for use as a warehouse/distribution facility.  The property, and, machinery and equipment within are being sold via sealed bid, which is due by September 13, 2012.  Offers will be accepted for the entire facility, including all machinery and equipment, or as stand-alone real estate purchase.

The property was constructed in 1987 as a sewing operation for Jockey International.  Recently, the facility benefited from extensive capital improvement and was retrofitted by Sandy Bay Sweets for the manufacturing of candy and baked goods.  The facility is outfitted with complete candy manufacturing lines, turnkey baking operations and cold storage.  The property also includes 3749 square feet of ocean view executive offices with a 5882 square foot kitchen and employee lounge/cafeteria. 

This 10 Acre (435,600 SF) site is located along A1, Jamaica’s northernmost highway and features unobstructed ocean views.  It is zoned with Free Zone designations.  Key features of the property include the following:  16-20 foot ceilings; Concrete block and steel construction with aluminum siding; 1200 AMP; 220 Volt, 3 phase electrical system with expansion possibilities; 10 dock high doors; 20 ceiling mounted air conditioning units; 2 x 15,000 gallon water silos; 3 x exterior propane tanks; etc.

 

Manufacturing equipment being sold includes the following:

 

  • Cookie Production Equipment:  Rondo Dough Sheeters; Cutters; Lucks Double Rack Ovens; Cooling Trays and Pans; Racks; 5, 20, 80, 140 QT Hobart Mixers,; Shanklin F5-A, F5 & T7XL Shrink Wrap Tunnels; Large Quantiity of Conveyor; SS Tables;

 

  • Hard Candy Production Equipment:  (2) Hard Candy Production Lines; Melter; Oven; Copper Kettles; Scale; Large Quantity of Conveyor;  Cartoner and Printer

 

  • Facility Equipment:  Fork Lift Trucks; Racks; Steam Cleaning System; Water Filtration System; Lantech Pallet Wrapper; Much More…
This is one of two properties currently available in this offering. 

 
The second property is a 52,195 SF manufacturing warehouse and distribution facility in Lucea.

This property is located in Lucea and was also formerly a sewing operation facility.   The property is meticulously maintained and used for many local events and functions.  It is suitable for continued use, for a variety of warehouse/distribution uses or potential redevelopment and expansion. 

Originally constructed in 1984 by Gulf State Manufacturers, the Lucea property features air conditioned office and conference room, unobstructed ocean view, a fully equipped kitchen and employee lounge situated on 20 picturesque acres.   There is a 2,406 SF multifamily residence on the grounds which is currently 100% occupied.      The south end of the property has a large hill with northern exposure which has been used as very effective signage for branding purposes. 

FOR COMPLETE INFORMATION ON BOTH PROPERTIES, DUE DILIGENCE INFORMATION AND EQUIPMENT LISTS GO TO www.hilcorealestate.com/Jamaica or Contact Geoffrey Schnipper at 847 313 4790; gschnipper@hilcorealestate.com


[  Go back < ]