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Massachusetts Real Estate News: Joint Venture of Gordon Brothers Group, New Mill Capital Holdings, and Odyssey Real Estate Capital Acquires Sunny Delight Bottling Plant in Littleton

   The 332,000-square-foot Sunny Delight bottling plant in Littleton, Massachusetts was recently acquired by the joint venture of Gordon Brothers Group of Boston, New Mill Capital Holdings of New York, and Odyssey Real Estate Capital of Las Vegas.

                "We are proud to be the new owners of the Sunny Delight plant in Littleton," said Robert Maroney, President of Gordon Brothers Commercial and Industrial Division. "This is a first-class property that has a lot of unique features. Our team looks forward to working closely together and with the Town of Littleton to help identify prospects that can utilize this plant."

                According to their press release in Business Wire, the Sunny Delight bottling plant has been operational since 1931, and is locally known as Veryfine Plant. The plant has undergone a series of renovations and expansions several times, with the bulk of the square footage of the plant being built in the 1980s and 1990s. Kraft previously owned the plant as recently as 2007, before it was sold to Sunny Delight. The plant has also produced beverages such as Veryfine juices, Arizona iced teas, and Smartwater in the past.

                "I'm not aware of any other available bottling plant in the U.S. that has this kind of modern infrastructure and throughput capacity," said Gregory Schain, a Principal at New Mill Capital Holdings. "This plant could work excellently for a beverage manufacturer or for many other uses. The space is flexible enough to accommodate lots of different industries and the local workforce is very strong."

                A wastewater treatment plant with an active NPDES permit that allows for up to 750,000 gallons per day to be processed is available in the property. The plant also features an installed reverse osmosis system, newly upgraded can and bottling lines, a rail spur, freezer and cooler space, and a modern high-bay warehouse with 25 loading docks.

The joint venture of the three known companies hopes to remarket the plant, with or without the bottling equipment, to other companies that can utilize the space. 


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