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SecondBloom to sell Detroit vertical farm in sealed-bid auction

7 hours ago
SecondBloom to sell Detroit vertical farm in sealed-bid auction
By AI, Created 16:31 UTC, Oct 28, 2026, AGP -

SecondBloom Auctions is offering Planted Detroit’s 37,637-square-foot indoor farm and food-processing campus in Detroit’s East Industrial corridor as a single sealed-bid package. Bids are due Nov. 16, 2026, as the operator winds down and buyers weigh a turnkey asset that would be costly to recreate.

Why it matters: - The sale offers a rare turnkey entry into controlled-environment agriculture in Michigan’s largest vertical farm. - The package combines real estate, equipment and food-processing infrastructure in one transaction, which can shorten startup time for buyers. - The campus could appeal to CEA operators, food processors and other industrial users looking for a ready-made facility.

What happened: - SecondBloom Auctions announced a sealed-bid sale for the Planted Detroit campus at 6301 E. Lafayette Street and 1050 Mt. Elliott Street in Detroit’s East Industrial corridor. - The offering includes two renovated industrial buildings totaling 37,637 square feet on 1.49 acres. - The property is being sold as one package with a complete controlled-environment agriculture and food-processing plant. - Planted Detroit began operations in 2018 and grew into Michigan’s largest vertical farm. - Planted Detroit is winding down operations in November 2026.

The details: - The campus added about $16.9 million in gross assets between 2019 and 2023. - Improvements include two Planted Automated Racking Systems (PARS) nutrient film technique growing systems. - The asset list also includes 98 Pipp Horticulture mobile vertical grow racks, a full nursery, a harvest room and food-grade processing space. - The facility has cold storage, grow-room HVAC and standby generation. - The site holds USDA Harmonized GAP Plus+ certification. - The growing canopy covers about 28,000 square feet. - The real estate includes two sprinklered buildings with clear heights up to 22 feet. - The campus has direct access to I-75 and I-375. - The five parcels are zoned M2 Restricted and M3 General Industrial, which permit food processing, manufacturing, warehousing and laboratory uses by right. - The property sits in Opportunity Zone census tract 5164.

Between the lines: - The auction is being pitched as a shortcut around the long lead times and high capital costs of building a vertical farm from scratch. - SecondBloom Auctions said the automated PARS systems, irrigation, lighting and food-grade processing space would cost many multiples of the real estate value to replicate. - The sealed-bid format suggests the seller is targeting buyers who can move quickly and value the asset as an operating platform rather than just a building.

What's next: - The bid package is available now. - Sealed bids for the complete package are due by 5:00 p.m. Eastern on Nov. 16, 2026. - An award is expected on Nov. 20. - Qualified bidders can access a data room after signing a confidentiality agreement. - The data room includes the ALTA survey, environmental reports, equipment proposals and drawings. - Site inspections are available by appointment through Nov. 13. - More information is available at the bid package and inspection page or by calling Blake Lange at (312) 497-6522.

The bottom line: - SecondBloom is selling a fully equipped Detroit vertical farm as a single asset, giving buyers a rare chance to acquire an operating indoor agriculture campus without building one from the ground up.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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