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Evergreen campus remains for sale

Company's plight — Buyers haven't moved forward, trustee files extension in bankruptcy court

In July, the Evergreen International Aviation McMinnville campus was listed for sale. In August, it was reported that there were several interested buyers for the $20 million package.

Ted Nicholson, one of two CBRE brokers for the properties said that scenario remains true.Photo Credit: FILE PHOTO - Final stages - The Evergreen International Aviation campus in McMinnville is still for sale, although there are a few interested buyers.

“We had interested parties, but nothing in writing on any of the properties,” Nicholson said.

The campus includes six buildings on Highway 18 across from the Evergreen Aviation and Space Museum. These range from a 13,500 square-foot hangar and 2,500 square feet of office space.

Despite the listing going on three months, Nicholson said nothing is moving forward yet: “I wish. It’s a Chapter 7 sale, so it’s going to take a while.”

EIA is also still working through its bankruptcy proceedings, filed in December 2013 in Delaware court.

The trustee, Alfred T. Giuliano, filed an extension Oct. 6 until Jan. 12, 2015, to respond to the lawsuit against Evergreen for violation of the WARN Act, which plaintiffs allege the company violated when it fired its staff prior to filing for bankruptcy.

To view the property listing, visit http://bit.ly/ 1Cnlvv6.

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