Industrial-Flex | AT&T Assets Close On RealINSIGHT Marketplace

  • Jan 10, 2020
  • Marketplace Closings

RealINSIGHT Marketplace Attracts High Prices When Four AT&T Assets Go To Auction

RealINSIGHT Marketplace is pleased to announce the sales of four former AT&T industrial-flex facilities. The properties were auctioned through RealINSIGHT Marketplace, the preeminent online platform for CRE transactions, achieving an average sale price of 165% of the Reserve.

As AT&T stores close across the country, the telecom giant has a new need to dispose of real estate in an efficient and effective way. Marketplace successfully delivered a solution, achieving exceptional pricing while guaranteeing certainty of closing. The former AT&T facilities presented potential investors with the opportunity to backfill, redevelop, or occupy as an owner/user. Marketplace brought in local and national bidders from 13 different states, an average of 12 registered bidders per property, and 144 total competitive bids.

CBRE’s Capital Markets group, as the investment sales brokerage, partnered with the Marketplace team on these four former AT&T facilities to produce exceptional results for the client:

Learn more about these auction properties by visiting the asset page links above or contact us for more details at 800.915.7015