Columbus Nova MB is excited to announce its acquisition of CBG’s Mooresville, NC co-packing facility. CBG is a beverage co-packing producer for numerous leading national and international functional beverage brands. The investment was made by a wholly-owned subsidiary of CN Real Estate Fund Holdings, LLC, which targets income-oriented real estate.
Lon Brown, Partner at Columbus Nova MB, stated: “CBG is a world-class beverage co-packer and the Mooresville facility is state-of-the-art. We are excited about the acquisition, and look forward to a long and productive relationship with the company’s excellent management team.”
Senior financing for the transaction was provided by Alostar Capital Finance under the commercial real estate platform of AloStar Bank of Commerce. “This transaction was a collaborative effort,” said David Hudson, Managing Director of AloStar Real Estate Finance. “We sat down with Columbus Nova and CBG to learn about their overall business objectives and create a capital solution to facilitate the property acquisition. We look forward to growing our relationship with Columbus Nova, and the continued success of CBG.”
The facility was marketed by David Sours of CBRE’s Food Facilities Group, who noted: “It was truly a pleasure working with the Columbus Nova MB team on the transaction. They understood the unique nature of the facility and its importance to CBG’s growing business.”
About Columbus Nova MB LLC
Please visit http://www.columbusnovamb.com/ for more information about Columbus Nova MB and to access our informational library.
Columbus Nova MB has offices in Charlotte, NC and New York, NY. For information about this transaction, please contact Amos Beason +1 (704) 285-7750 or Lon Brown at +1 (704) 285-7756. Also, visit us at www.twitter.com/ColumbusNovaMB