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Thursday, March 19, 2009 

Oreana Wine Company

Looks like the building that houses their tasting room is up for sale. Does anyone have a spare $2,000,000?

Property Description: This flexible property consists of a divisible retail/industrial building consisting of approximately 3,835 square feet currently leased short term to Orena (sic) Wine Company, LLC. This property is located less than one block off State Street and two blocks from Sterns Wharf in the heart of the Funk Zone. With four roll up doors, a retail portion and good visibility, this property can accommodate many types of owner/users. Two adjacent properties can also be purchased:
23 E. Yanonali Street - $2,000,000
131-137 Anacapa Street - $6,000,000 - Loopnet

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Not to worry loyal fans, everything has its price and this one is a bit big for anybody. We have partnered with some executive at AIG to create a complex credit default swap to aquire the property. We get 2,000,000 shares of AIG (current valuation $1.18/share) and they get a bottle of our 2007 Verdelho...
-Christian Garvin, Winemaker

Not to worry everyone, we have partnered with some former AIG executives to create a complex, credit default derivitave swap to obtain the parcel. We get 2,000,000 shares of AIG (current value $1.18/share) and they get a bottle of our 2007 Verdelho...
-Christian Garvin, Owner

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