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The Bailey Buzz, May 9, 2024

The Bailey Buzz, May 9, 2024
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What s Your Bid? - Los Angeles Business Journal

Amid a seemingly distressed marketplace characterized by rising interest rates and overall high levels of vacancy, property sales are down across asset types. However, something seems to be ticking up in the commercial market: auction sales, which experts note could be the start of a new wave.

Real Estate Quarterly: Auctions On the Rise - Los Angeles Business Journal

When it came time to sell a 43,700-square-foot mixed-use retail and office property located at 1001 Towne Avenue in downtown’s Fashion District, Colliers took an interesting approach and sold the property at an online commercial auction event.

Colliers arranges sale of 80,978-square-foot office building in Elgin – REJournals

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Auction set to begin Oct 4 for sale of Post South building

Auction set to begin Oct 4 for sale of Post South building
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