Pour one out: 3.5K-acre NorCal winery hit market for $22M

Canada’s ban on wine imports has claimed a 3,500-acre winery in the San Joaquin Valley.  McManis Family Vineyards is selling its main facility at 18700 East River Road in Ripon and 11 accompanying vineyards as it faces a sharp drop in its export business, the Sacramento Bee reported. The 36-year-old winery business is selling the property for a total of $22 million, with 11 individual vineyards in San Joaquin and Sacramento counties available from $800,000 to $14 million.  About 40 percent of the family-owned business’ export sales, or about 75,000 cases, went to Canada. Between last July and this July, […]