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News Alert: Sutter Home Confirmed as Buyer Of Havens Winery Property

Wine Industry Insight has confirmed through real estate records that Sutter Home Winery has purchased the real estate of the former Havens Wine Cellars from Entertainment Properties Trust (NYSE: EPR).

The $6.5 million transaction, which closed on June 15, for $6.5 million, was first reported June 14 in EPR’s 8K filing with the Securities and Exchange Commission. The SEC filing did not specify a buyer.

According to EPR’s December 10K document,the Havens Wine Cellars property was purchased in 2006 for $7 million and leased back to Billington Imports which had previously purchased the winery from Michael Havens

Further details here as they become available.