US: Limoneira to sell Santa Maria properties
Both properties are being sold to the same buyer and the combined purchase price of the two properties is $8.3 million.Following the execution of the purchase and sale deals, the buyer would deposit $250,000 into escrow and issue a note receivable for each property leaving a combined amount due of $7.8 million.
The company continues to own its Centennial property in Santa Maria.
Source: rttnews.com