A candy manufacturer founded by a Russian immigrant seven decades ago has sold its Hayward headquarters and factory property to a Texas investment group.
HAYWARD — A candy manufacturer that was founded 70 years ago by a Russian immigrant has sold its Hayward headquarters and factory property to a New York investment group, public records show.
Fortress Investment, acting through affiliate CREF3 Industrial Blvd Owner, paid Annabelle Candy Co. $13 million for the property, according to documents filed on Dec. 20 with the Alameda County Recorder’s Office. Annabelle Candy Co. at 27211 Industrial Blvd. near Tennyson Road in Hayward, shown within the outline. Boundaries are approximate. Fortress Investment has been purchasing properties in recent months at a brisk clip, according to property records in the Bay Area. The global investment manager has $54.2 billion in assets under management.
Company founder Sam Altshuler, an immigrant from Belarus, a then-province of Russia, arrived in the United States in 1917, according to the company’s website.
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