Hostess Brands’ Industrial Real Estate, Assets Go Up For Auction
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Hostess Brands Inc. is offloading its industrial and real estate assets this month, after years of restructuring following its 2012 bankruptcy protection filing.
Reich Brothers and Rabin Worldwide, both of which specialize in monetizing industrial and commercial real estate assets, will lead the sale via auction. The two firms acquired Hostess' properties in a 2012 liquidation sale after the Twinkies and Wonder Bread maker filed for Chapter 11 bankruptcy protection. Assets include more than 2,000 lots, 12 bakeries and six properties spread from Illinois to Arizona, according to Reich Brothers and Rabin Worldwide.