Wine Spectator: Lumber Liquidators Founder Looks to Bordeaux, Purchasing Château du Parc

An American businessman has purchased a Bordeaux château and is in negotiations to acquire four others. It’s an ambitious project, but local real estate executives say it’s part of a new wave of interest from foreign buyers who are targeting lesser-known properties that will allow them to tap a growing demand for value-priced Bordeaux. Tom Sullivan, the chairman of Lumber Liquidators and Cabinets to Go, purchased the 12.7-acre Château du Parc in St.-Emilion from Alain Raynaud for an undisclosed sum earlier this month. He says it’s just the first of five Right Bank estates he is hoping to acquire. Wine Spectator has more.

Tagged : Bordeaux, wine, Wine Spectator

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