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Published: Thursday, 9/22/2011

Former Vreba-Hoff land in Lenawee County sold

BLADE STAFF AND NEWS SERVICES

An auction of more than 417 acres of prime farmland in Lenawee County’s Ogden and Medina townships sold Tuesday for $1.76 million, according to the Indiana auction firm that conducted the sale of land formerly owned by Midwest AG Investments LLC, the real estate subsidiary of Wauseon-based Vreba-Hoff Dairy Development LLC.

An additional 370 agricultural acres of land owned by Midwest AG Investments in St. Joseph County, Michigan, sold for almost $2.5 million in a separate auction there Tuesday to repay more than $9 million owed by the megadairy development firm. The auction firm, Halderman Real Estate Services, of Wabash, Ind., said the buyers will be revealed at closing.



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