Douglas Wilson Companies’ (DWC) Brokerage Division has recently sold a gas station, convenience store and café located in Sonora, CA out of receivership.
Douglas P. Wilson, Chairman and CEO of DWC, was named as the court-appointed Receiver in May of 2012. Immediately upon taking control of the property, DWC secured the non-operational facility and maintained the asset throughout receivership.
Alan Scott, Managing Director of DWC’s Brokerage Division, handled the marketing a sale of the property. This effort included extensive outreach to gas and convenience station owners and operators throughout the region.
The court-approved sale of this property highlights the unique ability of DWC’s Brokerage Division to market and sell various assets within – and outside of – the judicial process. Notable recent sales include: C.W. McGrath Quarries, two rock quarries totaling 86.57 acres in San Diego, CA; the former Wyndham O’Hare, a 466-room hotel located in Rosemont, IL; and Shadow Ranch, a 65-acre property located at Interstate 10 and Monroe St. in Indio, CA.