G&C Food Distributors buys formerly leased facility for about $10 million

VAN BUREN — G&C Food Distributors, a re-distributor of frozen and refrigerated food products, recently purchased its 275,000-square-foot manufacturing/distribution facility on 51 acres at 3407 Walters Road in the town of Van Buren for about $10 million.

The firm had been leasing the facility, which serves as its company headquarters.

Peter Finn and Mark Rupprecht of CBRE/Syracuse exclusively brokered the sale, according to a news release from the real-estate firm. No price was disclosed in the release.

A separate CBRE/Syracuse Spring 2016 “Marketview” email release said the sale price was $10.5 million. But Onondaga County online property records say the property was sold for $9.75 million on Feb. 25. The new owner is listed as 3407 Walters Rd LLC and the prior owner was NIP Owner I LLC.

G&C Food Distributors is renovating a portion of its facility to accommodate a new vegetable manufacturing line that is expected to be finished in late August of this year, according to the firm’s Facebook page.

The company, which employs nearly 300 people and is expanding its staff, stores and delivers more than 4,000 food items to customers from Maine to Florida. Rich Chapman is company president.

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