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Hostess delivery center in Clearwater sells for nearly $170,000

CLEARWATER — The Hostess delivery center that once helped supply the world with Twinkies and Wonder Bread has been sold to a Los Angeles industrial investor as part of a multimillion-dollar bankruptcy deal.

Once run as a Merita Bakery, the 6,000-square-foot building at 12880 49th St. N was sold for $169,470 as part of the Hostess brand's bankruptcy, according to Klein & Heuchan, the Clearwater-based brokerage that represented the seller.

Hackman Capital Partners, a Los Angeles real estate investment firm, bought the bakery brand's leftover assets at an August bankruptcy auction for $62.5 million.

More than 100 bakery stores, garages, warehouses and depots nationwide were included in the 3-million-square-feet deal. Hackman intends to sell the properties.

A nationwide union strike froze Hostess' production of Ho Hos, Ding Dongs, Zingers and other treats in 2012, leading the company to close stores and file bankruptcy.

The reorganized company has returned to selling its snack cakes with the tag line, "The Sweetest Comeback In The History Of Ever."

Hostess delivery center in Clearwater sells for nearly $170,000 01/22/14 [Last modified: Wednesday, January 22, 2014 2:22pm]
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