X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PORTLAND, OR-A variety of commercial development sites, recreational tracts, timber tracts, residential lots and industrial buildings are up for grabs on November 10 when Realty Marketing/Northwest holds an oral auction of 28 properties throughout Oregon and Washington at the Kingstad Conference Center starting at 12 noon.

In all, 90 properties will be auctioned off during the company’s Fall 2001 auctions, which includes both oral and sealed-bid auctions held on November 14 and 16. Eighteen other properties located in Idaho and Northern California will also be auctioned off. In all, 11 of the properties valued at more than $1.7 million will be sold with no minimum bid including industrial sites with 80,000 sf of improvements, subdivision lots, a restaurant, agricultural land, an elk hunting tract and more than three million board feet of timber.

“We specialize in surplus corporate real estate of any type,” explains John Rosenthal, president of Realty Marketing, “and deal with nonprofits with their gift real estate. We work with developers and lenders. We operate with published reserve prices. Some have no minimum bids.”

Rosenthal started the business in 1986 when an acquaintance said he wanted to start an auction company. Since then his company has been involved in such projects as liquidating the real estate portfolio for Burlington Northern Railroad in 1992 and the entire city of Samoa, CA.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.