ALLEN, PLANO AND FLOWER MOUND — Four Texas commercial real estate properties in Allen, Plano and Flower Mound are being auctioned through The Carlton Exchange (CEX), a New York-based exchange for the buying and selling of loans and REO assets, and a subsidiary of Carlton Advisory Services, an international real estate investment banking firm. The assets are offered on a competitive real time bid basis through the CEX Loan and REO MLS Exchange. Pre-qualified bidders can bid on a first-come, first-serve basis and assets can be awarded as seller accepts same. All assets can be found on the Carlton Exchange website at www.carltonexchange.com.
Among the Texas properties being offered: a two-story, 50,000-square-foot office building on nearly 4 acres in Allen; a new fully operating 92-room hotel in Plano; a cash-flowing 35,000-square-foot shopping center on approximately 14 acres in Plano; and an REO property consisting of a 14,900-square-foot neighborhood retail center in Flower Mound.