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Article: Three Michigan wineries up for sale: Willow Vineyard, Bel Lago, Chateau de Leelanau to change hands.(Headlines)
- Article from:
- Wines & Vines
- Article date:
- October 1, 2007
- Author:
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Copyright informationCOPYRIGHT 2007 Wines & Vines. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Traverse City, Mich. -- Michigan's first open-market winery sale is expected imminently, with an auction deadline set for one winery and offers pending on two others, all on the Leelanau Peninsula, Michigan's equivalent of the Napa Valley.
Dan Matthies of Peninsula Properties, a Leelanau brokerage specializing in vineyards and wineries, said he has written offers on Willow Vineyard and Bel Lago. Bel Lago was listed at $3.95 million, Willow for $2.35 million.
Chateau de Leelanau is now on the auction block, with a suggested starting bid of $3.5 million. Bids were accepted through Sept. 30.
Since no winery has sold publicly since winemaking took root in this region ...
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