The property consists of land located adjacent to or in the Oakland Alameda Estuary in California and is comprised of the 225,600 square foot, historically designated Del Monte Warehouse, the 138,800 square foot Chipman Warehouse, and the 18 acres of land and water formerly known as the Encinal Terminals.
Douglas Wilson Companies, agent for Receiver, was charged with preserving the property and collecting rent.
During the term of the receivership, the Receiver collected rents, corresponded with tenants and paid the property taxes. Following the bankruptcy filing on December 15, 2011, the Receiver began coordinating with the bankruptcy attorney for the defendant to transfer the funds from the Receiver’s bank account to a debtor-in-possession account.
The Receiver was discharged.
Encinal Del Monte
Superior Court of the State of California, Alameda County
Douglas Wilson Companies was founded in 1989 to provide a wide range of specialized business, workout, and real estate services to law firms, state and federal courts, corporations, partnerships, pension funds, REITs, financial institutions, and property owners throughout the United States.
1620 Fifth Avenue
San Diego, California 92101