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Dundee Foods building has $1.75M price tag   ADVERTISEMENT

Dundee Foods building has $1.75M price tag

DUNDEE—The former Dundee Foods building located along Seneca Street is now for sale. Cushman & Wakefield of the Pyramid Brokerage Company have the building listed  for $1.75 million, while Chief Executive Officer of the Finger Lakes Economic Development Center (FLEDC) Steve Griffin said the building has not yet had a significant buyer looking to purchase the facility.
The plant was originally purchased by Aceyt Foods from LiDestri Foods back in January 2012 to be used to process Mediterranean-style foods. However, after a long period of inactivity, the building remained empty once LiDestri moved out, forcing the FLEDC to terminate their payment in lieu of taxes (PILOT) agreement. Now Griffin said the building is back up for sale, with little progress being made as far as customers looking into the plant.
“They [the realtors] were chasing new customers,” Griffin said. “The only thing I can assume is they thought they had at least one of these customers signed on and then something happened with the deal and they didn’t. So they ended up with a building and no customers in which to run anything.”
Griffin said the people who had looked at the building were interested, but it never really got to the point of negotiation. He said the FLEDC has gotten “a call or two about it, but nothing that is really heavy interest in it yet.” Griffin said they are still looking to see what they can find for the building.
“They obviously didn’t want to buy it to not use it,” Griffin said. “They tried to get the business afterward, and it obviously hasn’t gone well. I haven’t heard from them in quite awhile.”
Griffin said he is not able to say who the interested parties were, but he did say there has been no significant progress.
“It’s frustrating because we had a lot of hopes when they came in here talking, saying all the right things, wanting to get involved in the community, were going to hire a lot of people and apparently that customer just never came,” Griffin said.




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