Great American Group and GA Keen Realty Advisors Market Turn-Key Industrial Facility in Iowa

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Great American Group and GA Keen Realty Advisors Market Turn-Key Industrial Facility in Iowa

NEW YORK--(BUSINESS WIRE)-- Great American Group, Inc. (OTCBB: GAMR), its real estate division GA Keen Realty Advisors and The Henderson Business Group have teamed up to market a specialty bakery and cookie manufacturing facility in Clear Lake, Iowa.

"In addition to the 52,275-square-foot food processing facility, the sale includes nearly 14 acres of property and all plant equipment, so it's a great turn-key opportunity for the right buyer," said GA Keen Co-President Matthew Bordwin.


The property is located south of State Highway 106 and offers easy access to Interstate 35. The building includes 4,342 square feet of office space, dry storage capacity of 9,000 square feet and combined cooling and freezing space representing about 4,000 square feet. Built in 2001 and renovated in 2005, the building has ceiling heights of 17.5 to 22 feet. The building is located on a 13.86-acre site, in an area zoned for light industrial use, with 7.75 acres of excess land.

Plant production lines include band oven baked cookie line, pail dough deposit line and pre-portioned puck line. Plant equipment includes a walk-in freezer and walk-in cooler, an ambient cookie cooling system, a dough-portioning machine, plant conveyors, and wrapping machines. For a complete list of equipment and more details, visit http://www.greatamerican.com/real_estate/ListingDetails.aspx?EventID=696 or contact Matthew Bordwin at mbordwin@greatamerican.com or 646-381-9222.

Bordwin says offers for the plant and property are being considered now.

GA Keen Realty Advisors, located in New York, provides real estate analysis, valuation and strategic planning services, brokerage, M&A, auction services, lease restructuring services and real estate capital market services. For more information, contact GA Keen Realty Advisors at 646-381-9222 or visit http://www.greatamerican.com/keen.

Based in Des Moines, IA, The Henderson Business Group is comprised of certified agents who market, package, advertise and sell businesses in Iowa, Nebraska and the Midwest. For more information, contact 515-727-4300 or visit http://www.hendersonbizgroup.com.

About Great American Group, Inc. (OTCBB: GAMR)

Great American Group is a leading provider of asset disposition and auction solutions, advisory and valuation services, capital investment, and real estate advisory services for an extensive array of companies. A trusted strategic partner at every stage of the business lifecycle, Great American Group efficiently deploys resources with sector expertise to assist companies, lenders, capital providers, private equity investors and professional service firms in maximizing the value of their assets. The company has in-depth experience within the retail, industrial, real estate, healthcare, energy and technology industries. The corporate headquarters is located in Woodland Hills, Calif. with additional offices in Atlanta, Boston, Charlotte, N.C., Chicago, Dallas, New York, San Francisco and London. For more information, call 818-884-3737 or visit www.greatamerican.com.



Great American Group
Michelle Kahan
Director of Marketing
818-884-3737
mkahan@greatamerican.com
or
Mulberry Marketing Communications
Ron Whittington
Senior Account Executive
904-355-8680
rwhittington@mulberrymc.com

KEYWORDS:   United States  North America  California  Iowa  New York

INDUSTRY KEYWORDS:

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