REBusinessOnline

NAI GLOBAL LAUNCHES ONLINE REAL ESTATE AUCTIONS

PRINCETON, N.J. — Princeton-based NAI Global, in cooperation with Lakeland, Fla.-based Higgenbotham Auctioneers International, will hold its first ever Commercial Property PowerSale, an online auction of commercial real estate, May 1. Buyers will be able to participate live or submit a sealed bid before the auction starts. More than $150 million worth of properties are expected to be auctioned off during the first PowerSale. Everything from investment-grade retail, office and multifamily developments to vacant land in 20 states around the nation will be put on the auction block. A second PowerSale is scheduled for June 11, with monthly auctions to follow.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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