Announcing Open House Schedule for Two Bank Ordered Absolute Auction Sales
– No Minimum – No Reserve
– 438 Hadley Road, Greenville PA & 788 Park Avenue, Meadville PA –
Auction PA# AY001982
Colliers International | Pittsburgh is proud to announce PNC Bank has authorized Colliers in the Absolute Auction of two (2) properties. NO MINIMUM – NO RESERVE. Properties to be sold to the highest bidder regardless of price. The live auctions are set to take place in June 2012.
Prospective buyers are encouraged to visit during one (1) of the two (2) scheduled open houses schedule for May 18, 2012 and June 8, 2012.
“We are happy to be able to provide alternative marketing solutions to our valued clients like PNC,” said Gregg Broujos, Managing Director and Founding Principal at Colliers International | Pittsburgh. “I have been involved in hundreds of real estate auctions over the past few years and look forward to the successful dispositions of these properties.”
438 Hadley Road located in Greenville, PA is a 3,308 SF property zoned B-1 (business highway service district). Single-story, former bar / restaurant, constructed in 2007, situated on approximately 1.3 acres. First Open House scheduled for May 18, 2012 from 11:30 a.m. – 1:30 p.m. Second Open House scheduled for June 8th from 2:30 p.m. – 4:30 p.m. Confirmation of Auction day and time can be found at http://bit.ly/JYJv0Y.
788 Park Avenue located in Meadville, PA is a 2,136 SF property zoned B-2 (general business) situated on .11 acres. Located less than 1 mile from Allegheny College. First Open House scheduled for May 18, 2012 from 2:30 p.m. – 4:30 p.m. Second Open House scheduled for June 8th from 11:30 a.m. – 1:30 p.m. Confirmation of Auction day and time can be found at http://bit.ly/JS7wmF.
*The properties may be sold prior to auction sale.
“We are excited to have the opportunity to assist PNC Bank by providing our auction services to dispose of two (2) properties on their behalf,” said Jessica Jarosz, an associate at Colliers International | Pittsburgh. Through the auction process, clients have the ability to reduce their carrying costs while maximizing their return on assets.
For more information, please feel free to contact either Gregg Broujos , Managing Director & Founding Principal | Pittsburgh, or Jessica Jarosz , Associate | Pittsburgh, by email or by phone at 412.321.4200.
Posted on May 11, 2012, in Auction and tagged Absolute Auction, Dispositions, Pittsburgh Commercial Real Estate, PNC Bank. Bookmark the permalink. Comments Off on Announcing Open House Schedule for Two Bank Ordered Absolute Auction Sales.