The company zeroed in on Napa because of the concentration of wine-industry workers, the availability of space and the proximity to Rosemount's joint-venture partner Robert Mondavi Winery.

Southcorp currently has 42-full time employees in its Monterey headquarters, and Rosemount has 16 workers in its offices in Sonoma. The as-yet unselected Napa site will house about 60 people initially. Glen Dowling of Cushman & Wakefield is helping Southcorp Wines in its search.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.