Saturday, May 12, 2012

William Boyd Printing site sold for $1.3M - St. Louis Business Journal:

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Ltd., an affiliate of Cos. in Clifton Park, closexd on the $1.3 million purchase on June 3. Cass Hill intend to convert theformer 1.3-acres industrial site at 39-49 Sheridanh Ave. into an office/retail/residential project. The propertuy is located behindthe & Suites on Chape l Street, near the heart of the city’s entertainment district. Tony Sabatink of represented the seller. Cass Hill was represented by Eileem Lindbergof /Albany. Marc H. president of Cass Hill Development couldn’t be reached for comment.
Cass Hill owns several properties includinga 30,000-square-foot office building on Monroe Street across from the former printing Boyd Printing filed for Chapter 11 bankruptcy protection in September 2005. A federakl bankruptcy judge in March 2008 approved the sale of the buildingzs to help satisfythe company’s debts. Some of the company’s assets were purchased by Carl an officer at Boyd who opened aseparate Inc., in Colonie. Previous deals for the Sheridan Avenue property fizzlefd before Cass Hill signed a purchase contractflast year.

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