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Hoffmanns Acquire Augusta, MO Assets & Businesses
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Hoffmanns Acquire Augusta, MO Assets & Businesses

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Balducci Vineyards

Picture of 2 Balducci Vineyards wine bottles.

January 4th, 2021

Augusta, MO

 

Naples, FL based Hoffmann Family of Companies has quietly acquired assets in Augusta, Missouri. Those assets to date include; the Balducci Winery and Vineyards situated at 6601 Highway 94 on 90 plus acres, the Knoernschild Vineyards and buildings on 53 acres of Highway 94 and Jackson St, The Old Augusta Wine Company Building on Historic Walnut St, 225 Jackson and Walnut, the old country feed store and grocery.  Closing will occur on a vacant piece of property on Locust Street in mid January.  A company spokesman said the company will be purchasing two additional wineries in Augusta in late January or early February which total another 250 plus acres and have ongoing discussions with other wineries as well. 

 

The Hoffmann’s plan is to consolidate wineries in the area covering over 700 acres, making them the largest vineyards and winery in the Midwest.  Demolition and renovation has already started on two of the downtown buildings.  The Company said it will soon meet with city officials to outline their plans which call for the building of a hotel, a nine-hole par three golf course, a paddle boat to be docked in Augusta, trolley rides, horse & buggy rides, a 5-star restaurant and many more attractions. The Hoffmanns also plans to donate a refurbished playground to the community of Augusta as well as the construction of public restrooms thereby making the town more pedestrian friendly and walkable.

 

The Company has a history and track record of community redevelopments.  They own and redeveloped Avon, Colorado (Base of Beaver Creek Ski Resort); Naples, Florida (Old Naples 5th Avenue South & Third Street District); Winnetka, Illinois (Northshore suburb of Chicago).  The Company is the largest owner of commercial real estate in these towns and will be as well in Augusta.

 

Naples, Florida named the company founder, David Hoffmann, man of the year in 2019 as well as Grand Marshall of the communities annual St. Patrick’s day parade.  Mr. Hoffmann is also on the State of Florida’s Council of 100 as well as being named to the Florida 500.

 

The Hoffmanns (David & Jerri) grew up in Washington, Missouri and own property there as well as office towers in Clayton. Missouri.  “We see a unique opportunity to consolidate the Augusta, Missouri wine country to enable us to provide not only great wine from the beautiful countryside of Missouri, but to create a national destination similar to Napa Valley.” – David Hoffmann.

 

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Background:

 

The Hoffmanns are the largest commercial real estate owners in Naples, FL with 33 properties, Winnetka, IL with 26 properties and Avon, CO with 13 properties having a combined national and worldwide portfolio of over 200 locations.

 

Hoffmann Family of Companies owns national corporations including DHR International/Jobplex/ Elevate Partners in Chicago and Orange Line Oil in Pomona, California as well as other businesses around the globe including: 5 Star Valet, Ambassador,  Adelheidi’s Gelato, Basecamp Executive Suites, Balducci Vineyards, Cambria Hotel (Estero, FL), Chrysalis/Water2Wine Cuirses & Commissary, Coral Cay Adventure Golf, Everglades Excursions, The Florida Everblades ECHL team, Global Jetcare, Globalworks Events & Destination Management, Hertz Arena (Arena, Events & Planning, Food & Beverage, Pro-Shop & Merchandising, Recreational Rinks) Hoffmann Commercial Real Estate, Hoffmann Creative Agency, Hoffmann Executive Suites, Hoffmann Leasing Corporation, Hoffmann Sanitizing Services, The Java Butler, Kaleidoscope Floral & Home, Kirkland Event & Destination Services, Knoernschild Vineyards, La Crosse Queen, Lark & Willow Events, Marco Island Princess, Marco Island Water Sports, Minneapolis Queen, Miss Naples Catamaran, Mitch’s Cookies, Molly’s Trolleys, Naples Beach Water Sports, Naples Princess Cruises, Naples Transportation & Tours, Naples Trolley Tours, OspreyME, Palm Beach Tours & Transportation, Peregrine Capital, Port O Call Marina (Marina, Boat Rentals & Gift Shop), Red/Blue Line Insurance, Regency Watersports, Retail Dynamics Incorporated, Segway of Naples, Signcraft Signs & Things, Stan’s Coffee & Food Service, Sunmaster of Naples, Inc., Tacos & Tequila Cantina, Texas Bragg Trailers, Tier Electric, Volunteer Princess, Williams Bay, West Star, World Wide Farms.

 

 

For more information about the companies, please visit:

 

 www.HoffmannFamilyofCompanies.com

 

 

For additional press information:

 

Hoffmann Creative Agency

Chris Armstrong

(239) 234-2636

chris@hoffmanncreativeagency.com

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