Olive oil manufacturer pays $5M for Suffolk plant

Acesur USA LLC bottles olive oil brands such as Coosur and La Española.

Published January 10, 2020 by Sydney Lake

International olive oil manufacturer Acesur USA LLC purchased an 87,870-square-foot, two-story manufacturing facility in Suffolk for $5.025 million, Cushman & Wakefield | Thalhimer announced Thursday.

Acesur has been producing, packaging and marketing olive oil since 1840 and is headquartered in Dos Hermanas, Seville, Spain. It bottles olive oil brands such as Coosur and La Española and exports to more than 80 countries.

The property at 1010 Obici Industrial Blvd. is a Class A manufacturing facility on 10 acres of land where Flexa Real Estate previously owned the property. Acesur will manufacture its olive oil products at the Suffolk facility.

William Throne of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the seller.