Chapter 11 bankruptcy sale solicits bids

MULBERRY — After filing for Chapter 11 bankruptcy in March, the properties and assets of East Coast Brokers and Packers are for sale via sealed bid offerings, says Murray Wise Associates, which is handling the sale.

Among the offerings are more than 10,000 acres of farm land, labor camps, properties and homes in Florida and Virginia, a news release says. That includes 7,000 acres of Florida farm and development land in Hillsborough, Manatee, Martin and Polk counties, as well as the Red Rose Hotel in Plant City, and luxury condominiums in Naples. See below for a complete list of offerings and the due dates for bids.

“After two years of freezes on its Florida farms, a hurricane on its Virginia farms in 2011, and years of challenges resulting from years of cheap imports, a Chapter 11 filing was needed to provide the Madonia family an opportunity to sell assets in an organized fashion,” says Ken Nofziger, president of Murray Wise Associates, in the release. “This process will provide enough liquidity to satisfy creditors and allow the Madonia family to reorganize and carry on its operations.”