LOS ANGELES & TRINITY, Fla.--(BUSINESS WIRE)--Heritage Zetabid Realty & Auction Services, a division of Heritage Global Inc. (OTCQB: HGBL, CSE: HGP), today announced the sale at public auction of the high-technology manufacturing facility in Trinity, Florida, directly north of Tampa. The plant is located at 7826 Photonics Drive and consists of a 47,480 square foot building on 6.5 acres. The high tech facility is fully climate controlled and is equipped with 4000 amps of power with backup generators.
The online auction is scheduled to take place November 18 – 22, 2016 and will be conducted at www.zetabid.com. The starting bid for the plant is $1,500,000 or $31/sq. ft. The property was listed previously at $2,950,000. The seller is entertaining pre-auction offers to encourage users to participate.
“The former tenant operated this precision optics manufacturing facility for the defense industry before the Company was acquired and merged into the new parent, and the Florida facility subsequently closed. This sale represents an outstanding opportunity for both manufacturers and investors to obtain a high quality, industrial facility with many amenities at a fraction of the replacement cost,” says Michael Davin, Managing Director of Heritage Zetabid Realty & Auction Services.
Buyers must register in advance to obtain due diligence information. As always, broker cooperation is welcomed with a 3% fee available to qualified brokers representing their client. Site tours may be arranged with advanced notice. The site is listed with Colliers International Tampa Bay office by Pat Marzulli, Dee Seymour and Ed Miller (813) 221-2290. For more information, please visit www.zetabid.com.
About Heritage Zetabid Realty & Auction Services (www.zetabid.com)
Zetabid (Heritage Zetabid Realty & Auction Services) is a division of Heritage Global Inc. (OTCQB: HGBL, CSE: HGP), conducts real estate auctions of estate homes and commercial real estate. Zetabid principals have sold a billion dollars’ worth of real estate including over 3,000 homes, numerous office, industrial, retail, multi-family and resort properties. Zetabid was initially founded by the Tribune Company (Los Angeles Times Media Group), DoveBid and CataList Homes.