Auction.com Has $262M Sales Spree
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IRVINE, CA-Auction.com LLC has facilitated online auctions resulting in the closing of 27 commercial assets in 22 states between October 23 and November 6. The sales had a combined total value of more than $262 million.
The assets sold included industrial, retail, self-storage and multifamily properties. Among the highlights were Yorba Linda Business Park, a 115,760-square-foot industrial park in Yorba Linda, CA, listed by Cushman & Wakefield; Preston Trail Village, a 179,959-square-foot retail center in Dallas listed by Rockwood Real Estate Advisors; Marlboro Self Storage, a 537-unit facility in Englishtown, NJ, listed by Jones Lang LaSalle; Jasmine at Holcomb Bridge, a 437-unit multifamily complex in Alpharetta, GA, listed by HFF; Courthouse Marketplace Retail Center, a 98,963-square-foot retail center in Virginia Beach, VA, listed by Cushman & Wakefield Thalhimer; Mallard Cove Apartments, a 211-unit multifamily complex in Greenville, SC, listed by Cushman & Wakefield; and Gateway Commerce Center, a 55,820-unit retail center in Gainesville, VA, listed by Cushman & Wakefield Thalhimer.
The recent sales period surpasses Auction.comís three-week sales period in October, on which GlobeSt.com reported earlier this month. At that time, Auction.com had facilitated the closing of 37 commercial assets in 19 states from October 4-22, which had a combined total value of more than $142 million.
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