News
GenCorp to Sell More Than 700 Acres of Land in Northern California
SACRAMENTO, Calif., – March 4, 2015 – Easton Development Company, LLC, a wholly owned subsidiary of GenCorp Inc. (NYSE: GY), announced today that it has entered into a definitive agreement to sell approximately 703 acres of entitled land to Westland Capital Partners L.P. for $57 million. The 703 acres are known as Hillsborough and represent a part of the 6,000 ... MORE
THE SACRAMENTO BEE: Aerojet parent sells 703 acres in Folsom area
By Dale Kasler, Sacramento Bee GenCorp Inc., the parent of Aerojet Rocketdyne, said Thursday it has sold 703 acres of development land in Folsom for $57 million. The buyer is WestLand Capital Partners LP of El Dorado Hills, which has been accumulating land in an area south of Highway 50 planned by the city of Folsom for a major expansion. ... MORE