$36M Quaker deal

PepsiCo subsidiary to stay put on long-term lease
Published on Aug 1, 2007

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by CareyBot

An unidentified private investment group has purchased a 1 million-plus-square-foot industrial building in Cedar Rapids, Iowa, for approximately $36.6 million. The seller, Worley Land Co. LLC, has leased the warehouse to PepsiCo subsidiary Quaker Sales & Distribution Co., which remains ...