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May 26, 2011 10:00 AM Eastern Daylight Time 

Last Chance to Own a Piece of the Old Amway Arena in Historic Auction

Heritage Global Partners to conduct public auction of infrastructure equipment and arena seats

ORLANDO, Fla.--(BUSINESS WIRE)--On behalf of the NBA's Orlando Magic and the City of Orlando, Heritage Global Partners will conduct a second public auction of the infrastructure equipment of the old Amway Arena on Wednesday, June 8 and Thursday, June 9, beginning at 10 am. This Global Online Auction auction will be staged via live webcast at www.hgpauction.com.

“While the majority of sports memorabilia was sold in a public auction this past February, there are still a few arena seats left for purchase for those sports fan who want to own a piece of sports history”

The auction will feature the infrastructure equipment used to support the 375,000 square-foot sports and entertainment arena, such as air compressors, generators, concert lighting equipment, security cameras, phone systems and more. An ice rink, hockey rink equipment, a boxing ring, audio mixer boards as well as contents of luxury suites and performer dressing rooms are among the assets to be auctioned. Large quantities of fully-grown, mature palm trees surrounding the property will also be sold.

“While the majority of sports memorabilia was sold in a public auction this past February, there are still a few arena seats left for purchase for those sports fan who want to own a piece of sports history,” said Lyn Bishop, VP of Marketing, Heritage Global Partners. “This final sale of contents of the old Amway Arena, is also a great opportunity for buyers who operate a similar facility to purchase state-of-the-art equipment.”

Led by auction industry pioneers Ross and Kirk Dove, Heritage Global Partners is an asset advisory and auction services firm, which assists large and small companies with buying and selling of assets. Heritage Global Partners services include complete enterprise sales and multi-lot auctions, both live and over the internet. Heritage Global Partners also offers asset brokerage, asset inspection, asset valuations and internal asset redeployment vehicles, among other services.

The public auction is being held at the old Amway Arena, located at 600 West Amelia Street, in downtown Orlando, Fla. A portion of the proceeds from the sale will benefit the Orlando Magic Youth Foundation. For more information, please visit www.hgpauction.com.

Contacts

Heritage Global Partners
David Weiss, 561-210-5921
dweiss@hgpauction.com
Sally Costello, 650-649-0148
scostello@hgpauction.com

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