Kawneer Manufacturing/Industrial Facility to be Offered at Absolute Auction

Hernando, MS, May 26, 2011 --(PR.com)-- Higgenbotham Auctioneers International (HAI) announced recently that they have been retained to offer a surplus Kawneer industrial facility, currently owned by Alcoa, at absolute auction. The 375,000± SF industrial facility is situated on 27± acres. The auction will be held on-site at 11AM, CDT, Thursday, June 16th, at 2785 McCracken Road in Hernando, Mississippi.

This property is strategically located adjacent to Interstate 55 and is only 20 miles from Memphis, Tennessee. The building features an incredible 375,000± SF under roof and includes 15,000± SF of office space, over 350 parking spaces, grade and dock access, heavy power, truck parking, possible rail spur access and perimeter fencing.

“Opportunity will knock, but it won’t beat your door down,” said John Haney, General Manager of Higgenbotham Auctioneers, “This building has an incredible amount of quality space and will be sold to the last and highest bidder, regardless of price. With the recent damage from the floods, this may be the best opportunity to purchase quality warehouse space on high and dry land at auction prices.”

A preview of the property is scheduled for June 9 and June 15, from 11AM to 4PM.

A detailed property information packet that includes taxes, zoning, surveys and other details is available at higgenbotham.com or by contacting Higgenbotham Auctioneers at (800) 257-4161.

Higgenbotham Auctioneers is a full service auction firm specializing in the sale of real estate and personal property. Based in Lakeland, Florida, the firm is currently celebrating 50 years in the auction industry and has conducted auctions in 49 states and several foreign countries. Higgenbotham’s clients include Wal-Mart Realty, Alcoa, 84 Lumber and numerous privately held companies and individuals.

Higgenbotham Auctioneers Firm 1301-F, James L. Owen, Jr. Auction Lic 1300, Broker B-19969.

10% buyer’s premium.

Higgenbotham Auctioneers International
Shawna McDonald