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RIVERFRONT WORK LOFTS BUILDING
Chicago, Illinois
Sold $5.7 million.

An 8 story, 308,694 sq. ft. multi-tenant, loft office building was situated on the South Branch of the Chicago River. Out of state lender directed the sale which was conducted via a sealed bid auction and the resulting marketing campaign attracted the purchaser from Arizona.


HOMES, CONDOMINIUMS AND HOMESITES
METRO DETROIT, MI
Sold $7.93 million.

Largest new home auction ever conducted in Metro Detroit. Builder closeout of 23 new homes, 24 condominiums and 40 homesites in 9 communities. The grand ballroom of the Troy Marriot was filled with over 250 active bidders. All properties closed in 33 days.


4 SHOPPING CENTERS AND 5 - 100% LEASED RETAIL PROPERTIES
NORTHEAST OHIO & TENNESSEE
Sold $9.74 million.

The properties ranged in size from 2,400 sq. ft. to 44,550 sq. ft. and featured many national credit tenants.


IRRIGATED FARMLAND – 1,888 ACRES
Durango, Colorado
Sold $1.7 million.

Lender directed sale that was conducted subject to Minimum Bids of $500 per acre. Consisting of 5 tracts ranging from 80 acres to 969.50 acres; including a newer ranch home on 3.01 acres.


250 LUXURY APARTMENTS
NORTHEAST OHIO
SOLD $9.6 MILLION.

The 106 unit Glen Eagles Apartments are located in Green, Ohio and the 144 unit Pheasant Run Apartments in Akron, Ohio. The auction was conducted for the partnerships that owned and managed the properties for over 25 years. They had been extremely well-maintained and featured high historical occupancy rates.


1,100 UNIT APARTMENT COMMUNITY
COLUMBUS, OHIO
SOLD $12.6 MILLION.

The U.S. Bankruptcy Court ordered the sale of the Woodland Meadows apartment complex subject to a Minimum Bid of $4 Million. The property is situated on 52 acres and consists of 122 three-story garden style buildings containing 9 to 11 units each. Buyers throughout the country attended the auction. The purchaser was an individual investor from California.


SYCAMORE MALL – 240,000 SQ. FT.
IOWA CITY, IOWA
SOLD $5.5 MILLION.

An out of state Public Fund offered the center for an opening bid of $3,000,000. The property was situated on 21.7 acres and featured 1,400 car parking. A 70,000 sq. ft. former Sears’s space was available. The property attracted interest from around the country but in the end sold to a local entrepreneur who felt that he could reposition and re-tenant the property.


CHICAGO OFFICE BLDG – 26,000 SQ. FT.
200 WEST SUPERIOR, CHICAGO, ILLINOIS
SOLD $2.9 MILLION.

U.S. Bankruptcy Court Ordered Sale – Offered on an Absolute basis – Without Reserve. This partially leased office/retail building was located in the desirable River North area. A partial video of this auction can be accessed under Auction Video.


FOUR APARTMENT AND MIXED-USE PROPERTIES
LAKEWOOD AND CLEVELAND HEIGHTS, OHIO
SOLD $3.8 MILLION.

Family trust offered 69 suites, 11 retail spaces and 5 offices in 4 separate vintage buildings. Two of the properties are located in the desirable Coventry area and two are strategically located in West Lakewood, Ohio.


LAKE ERIE FACTORY OUTLET MALL - 177,600 SQ. FT.
SANDUSKY, OHIO
SOLD $2.75 MILLION.

Built in 1989, the property is situated on 28.2 acres and features parking for 1,400 cars. Conveniently located near Cedar Point Amusement Park at the NW corner US State Route 250 North and Mason Road.


HOMES, CONDOMINIUMS AND HOMESITES
METRO DETROIT, MI
Sold $5.26 million.

National Homebuilder closeout of 8 new single family homes, 7 condominiums and 35 homesites in 8 suburbs throughout Detroit, Michigan. Throughout the course of a post auction marketing program an additional 26 homesites were sold for $1.5 million.


1021 EUCLID OFFICE BUILDING
CLEVELAND, OHIO
SOLD $930,000.

This seven story building contains 87,673 sq. ft. and is located on East 9th and Euclid. The property was ordered sold “Without Reserve” subject to court approval, for the benefit of a family trust.


WALFORD INDUSTRIAL PARK
CLEVELAND, OHIO
SOLD $2.15 MILLION.

The 625,000 square foot industrial park is located at the SE corner of Walford Avenue and West Boulevard and encompasses a 26.9 acre site. The property was ordered sold “Without Reserve” subject to court approval, for the benefit of a family trust.


FOREST GLEN APARTMENTS
LAGRANGE PARK, ILLINOIS
SOLD $7.1 MILLION.

Built in 1957, this 264 unit apartment community is located in suburban Chicago and consists of 10 three-story buildings. The property was ordered sold by the United States Bankruptcy “Without Reserve” subject to court approval, for the benefit of Fannie May.


HOMES, CONDOMINIUMS AND HOMESITES
SUBURBAN DENVER, CO
Sold $4.13 million.

National Homebuilder inventory reduction of 15 new homes, condominiums and homesites throughout Westminster, Aurora and Firestone, Colorado.


Bank Directed Sale
Prospect Heights, IL
SOLD $625,000

Brand new stone and brick custom home on 100' x 332' homesite. The 5,300 sq. ft., 5 bedroom, 6.1 bath home featured: 10 rooms, hardwood floors, professional appliances, cedar roof and all conceivable amenities.


LAKELAND MEDICAL BUILDING
EUCLID, OHIO
SOLD $535,000.

Located on the I-90 freeway this 41,600, 4 story professional building is situated on a 2.5 acre site and features parking for over 250 cars.


ESTATE HOME ON 2.99 ACRES
Glenview, IL
Sold $3.3 million.

This 9,400 sq. ft. estate property on the North Shore of Chicago was offered via a sealed bid auction and generated the highest sales price ever paid for a home in Glenview.


New Homes, Condominiums and Homesites
Suburban Denver
SOLD $1,745,000

Through the use of a post auction marketing program the 9 condominiums in Aurora were sold in bulk to a local investor and the 4 homes in Aurora and Firestone were sold to individual home buyers. In addition, 6 of the homesites were sold.


BANK DIRECTED SALE
Highland Park, IL
SOLD $1.6 MILLION

SHERIDAN RD., HIGHLAND PARK, IL - New 10,700 SF home had 12 rooms, 5 br and 6.5 ba. Minutes from Lake Michigan, it featured 10’ ceilings, decorative stone, tile & cherry wood thru/out and 4 fplc. Exercise, media, rec. rms and wet bar in finished LL.


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