Sunday, August 5, 2012

Jockey renews efforts to sell Jamaican factories - Business - Jamaica Gleaner - Sunday | August 5, 2012

Jockey renews efforts to sell Jamaican factories - Business - Jamaica Gleaner - Sunday | August 5, 2012:

The old Jockey factory at the Haughton Industrial Estate in Lucea is one of two Jockey International properties now back on the market for sale. - File
The old Jockey factory at the Haughton Industrial Estate in Lucea is one of two Jockey International properties now back on the market for sale. - File
Jockey International has renewed efforts to sell factory space it owns in Hanover, following the shuttering of business by lessee Sandy Bay Sweets last December.
Hilco Real estate, an asset-disposal company based in Illinois, has been engaged to sell two oceanfront manufacturing properties and equipment as turnkey operations. The company is also willing to consider other offers.
One of the factories comprises 87,649 square feet of manufacturing and cold storage facilities on 10 acres in Sandy Bay. The second property is a 52,195-square foot manufacturing warehouse and distribution facility in Lucea.

The two properties are to be sold via sealed bid, due by September 13.
"Jockey International owns both facilities. We do not have listed asking prices," Geoffrey Schnipper, vice-president of Hilco Real Estate, said Tuesday

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