Three premier office buildings put up for sale in bankruptcy auction

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Unique Bankruptcy Sale

KeenSummit Capital Partners LLC, today announced the bankruptcy of three top commercial properties. Office buildings located in Grand Prairie TX (Smyrna GA), and Tampa FL (FL) are “the dream of a buyer,” stated Harold Bordwin, director, and cochair of KeenSummit Capital Partners. Two of the three properties were 100% leased.

“While the office sector is uncertain right now with the switch to the hybrid remote working model, two of the properties are fully leased which will be of great interest for investors and make them a top-quality investment. , did he declare. “This is a unique bankruptcy sale since real estate at https://bankruptcyhq.com/state-laws/louisiana-bankruptcy/

Bordwin says assets do not drive distressed property. “In fact this bankruptcy sale is the outcome of a ten years dispute and commercial litigation, and has nothing to do with the properties. You should offer the best price possible!

Investors see commercial realty as a way to hedge against inflation. So those seeking exciting opportunities should investigate these properties.

Grand Prairie Texas

This premier office building, the tallest of them all, is located at 801 West Freeway (Grand Prairie, Texas) and is 100% occupied. It is occupied primarily by a state government agency. The 8-story, 118,267-square-foot multi-tenant office building was constructed in 1982 and covers 5.05 acres. A second parcel of land, measuring over 2 acres, is also available. This Dallas subway gem has an upgraded HVAC system, 100% dry fire suppression system, security system, and more. It is conveniently located near the President George Bush Toll Freeway. I-30 Freeway, and DFW Airport.

Tampa, Florida

This one-story, 39,261 square-foot multi-tenant office building with a total of 3.32 acres is located at Tampa’s 850 W Cypress St. The property, which was built in 1989, is 100% occupied. Highlights include central heating and cooling, security cameras, recording and security cameras. There is also a gym and fire alarm systems. sprinklers. It is located close to Old Tampa Bay and Cypress Point Park, and 3 miles away from TPA Airport.

Smyrna Georgia

This two-story multi-tenant office building with multiple tenants is situated at 3300 Highlands Pkwy Southeast, Smyrna GA. It measures 4.5+ acres. This 64,562-square-foot property, built in 1988, offers a unique value-added opportunity. It is 12 miles from Atlanta. This property has a wet extinguishing and central HVAC system as well utility and sewerage. Large signage can also be seen on Highlands Pkwy or Technology Court. .

These properties will be up for auction on November 30th. The auction will occur on December 2. Please visit the sales website for more information at: www.OfficeBuildings-BankruptcySale.com.

Parusa Investment Corporation and FICO Financial Corporation are jointly managing bankruptcies that are pending in the US bankruptcy court of the Central District in Tampa Division in Florida. The file number is: 8-bk-01853-MGW.

About Keensummit Capital Partners LLC

Keen–Summit Capital Partners LLC is a brokerage, turnaround and investment bank that specializes in restructurings, receiverships, special situations and bankruptcies. We have offices in Manhattan, Melville and Chicago, IL. Keen–Summit Capital Partners LLC represents real-estate owners, commercial tenants, industrial companies, investors and developers as well creditors from a variety of industries. It is known for its integrity and excellence as well as exceptional market experience, extensive industry knowledge, proven approach, deep industry relationships and subject matter expertise. Clients also benefit from the company’s extraordinary execution capabilities. Keensummit, among others, has been awarded the 2021 ALIS Award as well as the M&A Advisor Turnaround Award and Turnaround Atlas Award. Keensummit Capital Partners information can be found at www.keensummit.com or 646.381.9222.

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