US: Turnkey greenhouse acquisition opportunity

Colliers International has been engaged as the real estate broker and BMO Capital Markets as a business consultant and financial advisor to assist in arranging the sale of two glass greenhouses, ancillary warehouse/office and processing facilities, and a freestanding motel located in O’Neill, Nebraska.

The turnkey facility was constructed for its intended use as tomato production greenhouses but is well suited for the production of a wide variety of general greenhouse agriculture crops. The on-site warehouse also provides potential owners of the property with the ability to integrate all processing, packaging, warehousing, and shipping activities at one site.

The two main greenhouses comprise about 24 acres of growing area and are glass-constructed with a structural steel frame. The greenhouses contain a fully automated irrigation and trough growing system for agriculture production serviced by a central boiler room and irrigation rooms. The property also benefits from significant recent capital improvements, including a full greenhouse expansion in 2010 and a new 10,500 sqft fully air-conditioned cold storage warehousing and processing facility which was recently added to the site. 

The exterior of the property enjoys excellent access from the local highway and has ample parking. The property’s exterior also contains a number of additional improvements, including a stormwater management pond utilized within the irrigation system, 1,000,000-gallon hot water tanks, and CO2 storage tanks. The site is fully serviced with municipal gas, water, and electrical connections. There is a 6.25MVA electrical substation located on the site which provides ample power for existing operations with an excess capacity of approximately 5-6MVA and the potential to expand up to 18.75MVA. The property also has about 20 acres of excess land for potential greenhouse expansion.

The property is located in O’Neill, the seat of Holt County, one of Nebraska’s largest counties.  The site is located on the west side of North Harrison Street, one of the main arterials in the City of O’Neill. The site enjoys excellent access to both highways and rail which provide access to the interstate highway network and BNSF rail network which provides rail connection across North America. The Property is located several minutes away from O’Neill Municipal Airport, within an established light industrial zone.

Those interested in receiving additional information about this offering should contact the advisor to receive additional information at:

Colliers International
Broker of Record
11516 Miracle Hills Drive, Suite 400      
Omaha, NE 68154
Attention: Kyle Peterson and Jeffery Wyatt
Email: kyle.peterson@colliers.com, jeffrey.wyatt@colliers.com 

BMO Capital Markets
Consultant & Financial Advisor
100 King Street West, 4th Floor
Toronto, ON M5X 1H3
Attention: Mike McIntosh and Bradley Harris
Email: mike.mcintosh@bmo.com, bradley.harris@bmo.com 

 


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