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Insignia CRE and SVN Auction Services Coordinating Online-Only Sale of Former "State of the Art Data Center" in Phoenix, Arizona May 5 Thru May 10


Located in Central Phoenix in one of the most desirable and fastest growing areas, the property features a minimum bid of less than 60% of a recent 2015 appraisal.

Insignia CRE and SVN Auction Services Coordinating Online-Only Sale of Former
Phoenix, AZ, April 20, 2016 --(PR.com)-- SVN® Auction Services, a national provider of date-specific sales and special asset solutions and Insignia CRE, are coordinating the sale of a commercial building in Phoenix in an online-only auction scheduled for May 5 through May 10. Located at 3830 N. 7th Street, the property features a minimum bid of less than 60 percent of a recently commissioned third party 2015 appraised value.

Leading the sale effort on behalf of SVN Auction Services are industry veterans Louis Fisher, CAI, and David Gilmore, CCIM, CAI, AARE. Rounding out the team is Phoenix-based advisors Neil Sherman CCIM and Shane Benjamin of Insignia Commercial Real Estate, who will provide their depth of local market expertise in assisting with the transaction.

“The team we’ve assembled to market and coordinate the sale of this property signifies the New York based corporate ownerships strong motivation to sell with pulling together the right Advisors and experts to best serve its interests,” said Fisher. “It’s why clients, such as the major corporation we’re representing to sell this commercial asset, continue to look to us for our expert guidance and serve their asset needs. We deliver.”

The property features 14,249 square feet of office / warehouse space situated directly on 7th street with excellent frontage and is turn-key ready for another data center or another commercial adaptation with extensive electrical upgrades and adequate parking.

For information, photos and registration, visit www.PhoenixDCAuction.com

About SVNAuction Services
SVN Auction Services is a provider of date-specific sales and special asset solutions. It encompasses an elite group of local and regional auction advisors throughout the United States who specialize in areas such as corporate real estate sales, tax sales, multi-properties, receiverships and bankruptcies. SVN Auction Services offers the industry’s most comprehensive spectrum of auction solutions—from rapid asset resolution and 30-day countdown asset sales to wide area and high impact/high promotion events. As part of one of the most recognized and reputable commercial real estate firms in the industry, SVN Auction Services is supported by SVN International’s more than 1400 commercial real estate advisors throughout the nation. This relationship provides outstanding opportunities for SVN Auction Services to serve clients needing to move assets in accelerated timeframes and creates significant value for buyers and sellers. For more information on the firm, visit SVN Auction Services.

Contact
Louis B. Fisher III, CAI
SVN Auction Services,
954.931.0592 - fisherl@svn.com

Neil Sherman CCIM
Insignia CRE, LLC
602.695.6650 - neil.sherman@insigniaCRE.com
Contact Information
SVN Auction Services
Louis B. Fisher III, CAI
954-931-0592
Contact
www.PhoenixDCAuction.com
Louis B. Fisher III, CAI
SVN Auction Services,
954.931.0592 fisherl@svn.com

Neil Sherman CCIM
Insignia CRE, LLC
602.695.6650 neil.sherman@insigniaCRE.com

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