Reich Brothers says it will buy shuttered Oscar Mayer property

Reich Brothers Holdings, a company that buys shuttered factories and sells their assets, says it has agreed to purchase the former Oscar Mayer headquarters and hopes to bring manufacturing back to the East Side site.

The transaction is expected to close at the end of October, said co-CEO Adam Reich.

“We firmly believe anything we do with the property should be in concert with local and state officials, with the infrastructure, the economy and with the job base,” Reich told the Wisconsin State Journal. “We are looking to do something that’s going to attract jobs.”...

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Ken Notes: This is a great property. Good bones, rail, industrial, office, I hope RBH has big ideas to go with a big property. I hope the Ruedebuschs can team up with them as the have some nice property in the area as well.



- - Volume: 5 - WEEK: 41 Date: 10/12/2017 8:46:12 AM -