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IRVINE, CA-Auction.com facilitated the closing of 26 commercial assets in 15 states during the week ending August 16. The combined sales added up to more than $47 million in total purchase price, including seven commercial notes totaling more than $22 million in value.
Assets sold including office buildings, hotels, multifamily and retail centers. Among the largest properties sold was Wilson Estates Office Park, a 106,781-square-foot, three-building office complex in Wichita, KS. It was listed by Colliers Internationalon July 11 and closed on August 14. Auction.com was unable to disclose to GlobeSt.com the sale price for this property.
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As GlobeSt.com reported in August, Auction.com facilitated the closing of six commercial assets totaling more than $14 million in purchase price and two commercial notes totaling $465,000 in value during the week of July 31, 2013. Among the largest properties sold during that week was Madison Center, a 227,088-square-foot shopping center in Madison Heights, MI. It was listed by Friedman Integrated Real Estate Solutions and closed on July 30.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
