Series of Georgia Auctions Draws Capacity Crowds as Bidders Pay $17.5 Million for Bank-Owned Propert

Series of Georgia Auctions Draws Capacity Crowds as Bidders Pay $17.5 Million for Bank-Owned Properties

ID: 243732

(firmenpresse) - ATLANTA, GA -- (Marketwire) -- 03/27/13 -- Bidders jammed into auction rooms by the hundreds, and scores more joined them online for the five-day auction of properties in Georgia and surrounding states, with the total reaching approximately $17.5 million.

"It's pretty clear that there's a growing demand for all types of commercial and residential properties out there, and you could see that at each event," said John Dixon, president of , which conducted the auctions in Americus, Tifton, Brunswick, Savannah and Atlanta.

"I'd say we had at well over 100 registered bidders every day -- generally at least 75 bidding live and 20 to 30 online. On Tuesday, the final day, we had 86 live bidders in Atlanta and another 109 online. About 40 percent of the properties for the five events sold to online bidders, who were bidding simultaneously with the bidders at the auction," said Dixon.

Properties sold included restaurants, shopping centers, a golf course, offices, homes and land. "We had properties all over Georgia, but also in Alabama, Florida and North Carolina," said Dixon. "You could really see the strengthening demand as real estate investors of all types position themselves for an improving economy. We have an aggressive lineup of sales for April in Georgia and Florida, and I am hopeful we'll see strong demand for those as well."

Individuals seeking additional information -- including specific dates and times for the April events -- may contact the firm at 770-425-1141 or visit .

John Dixon & Associates, based in Marietta, Ga., is a leading auctioneer of bank-owned properties throughout the United States.





For more information:
Carl Carter
205-823-3273



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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 27.03.2013 - 16:25 Uhr
Sprache: Deutsch
News-ID 243732
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ATLANTA, GA



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Commercial Real Estate



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