Successful John Dixon auction blitz: 11 commercial buildings, 10 events, three days, five states
Successful John Dixon
auction blitz: 11 commercial buildings, 10 events, three days, five states
ATLANTA, Ga. (May 21, 2012) -- Selling 11 commercial
buildings would be a challenge under any circumstances. But when they're
scattered out in more than 10 cities in five states, it calls for some serious
John Dixon &
Associates not only pulled it off, but got the buildings successfully sold.
"We really felt that it was important to sell most of
these buildings at the location itself, and that meant we had to form three
teams, with multiple auctions two of the three days. But our folks were up to
it, and we had 10 auctions, each of which ran smoothly and resulted in a
successful sale," said John Dixon, president of the company.
The company dispatched one team -- including Dixon -- to
Pennsylvania, where it conducted a morning auction in Richland and an afternoon
event in Easton. A second team started in Riverdale, Ga., and moved on to
Anniston, Ala., while the third headed to Virginia. The second day brought
auctions in Hanover, Pa., Virginia Beach, Va., and Cottonwood, Ala. Finally,
the Virginia and Pennsylvania teams were able to return to the company's
Atlanta headquarters while the third went to Avon Park, Fla., for a final
auction on the third day.
"The properties we were selling were primarily
high-quality commercial buildings that had been left unoccupied as banks had
gone through mergers and consolidations. It's very satisfying to get these into
the hands of investors and businesses that can put them to good use in an
improving economy," said Dixon. The properties sold for a total of $1.45
In separate events on May 15-16, John Dixon Associates also
sold four commercial properties in Tennessee for a combined $525,000. The
buildings were located in Hampton, Pikeville, Spring Hill and Chattanooga.