Washington State to Sell 223,000 Square Foot Distribution Facility


Seattle, Washington (PRWEB) November 20, 2012

Washington State has agreed to a property disposition plan that will use best business practices for disposing its Liquor Control Board Distribution Center located in South Seattle. The sale is prompted by the passage last fall of Initiative 1183, triggering the opening of the liquor business to the private sector. The State has engaged the commercial real estate firm, Kidder Mathews to manage the disposition process and prospective buyers can immediately begin reviewing the property offering at http://www.wastate-dc.com.

The marketing plan has been designed to offer a fair and equitable process for all potential buyers and to produce the highest possible return for the State, said Blair Howe, project manager for the Kidder Mathews team.

The property is located at 4401 East Marginal Way South, just south of Spokane Street. The building is a state-of-the art distribution building. The 223,000 square foot facility, located within close proximity to the Port of Seattle and Interstate 5, is a rare commodity in Seattles close-in industrial marketplace. The opportunity to acquire this unique, high-value asset is expected to attract interest from both investors and users. A call for offers is scheduled for January, 2013. There will be no asking price for the property, and all offers will remain confidential until the sale is complete. The goal is to have the property disposition completed by March 15, 2013.

The offers will be evaluated based on price, terms, and compliance to the offering procedures. The State may conduct a second round of best and final offers.

Kidder Mathews, a real estate services firm based in Seattle, offers commercial brokerage, appraisal, property management, consulting, and development and construction management services. The firm was selected, after the State reviewed proposals from a number of commercial real estate firms, based on its experience with similar projects, market coverage, and proposed disposition methodology.

Our role is to assure a smooth disposition process and an objective and open offering environment. We have the experience and resources to make that happen, said Jeff Lyon, Kidder Mathews Chairman and CEO.







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Rick Otton Melbourne Property Seminar To Show Why Owners Dont Need To Slash Prices To Sell


Melbourne, Australia (PRWEB) March 28, 2013

The Herald Sun has this month reported a slowing of the Melbourne property market for the start of 2013. At a time when real estate agents are suggesting that sellers lower price expectations in order to meet the market, real estate expert Rick Otton is holding a free one day seminar to show them smarter alternatives.

There is no doubt that the Melbourne real estate market, like the rest of Australia, is facing challenges, but I dont believe that sellers need to drop their prices in order to achieve a positive outcome said Mr Otton. In fact I know they dont.

Mr Otton has been sharing his strategies for buying and selling real estate for decades. They are strategies that he has used to create an impressive property portfolio, and which formed the basis for his 2012 book How To Buy A House For A Dollar, which was named in the list of the Top 10 Most Popular Finance Titles for 2013, as voted by Money Magazine and Dymocks Book stores.

We are being fed statistics from different industry bodies, telling us about rises and falls in auction clearance rates, about where the best suburbs to buy are, and how home loans are now so affordable said Mr Otton. But all of that is immaterial if it is you who cant raise the required deposit for a home, or if it is your home that you cant sell for a good price.

The belief that the traditional way to buy and sell property is the only way to buy and sell property is the biggest hurdle that people need to overcome, believes Mr Otton.

In todays economic climate, it is those people who are willing to think creatively in their approach to buying and selling real estate who will shine explained Mr Otton.

During my Melbourne property investing seminar I will be looking at the faces of those present, and will be able to see exactly when the penny drops – when they experience the mindset shift that will allow them to realise the potential of the strategies Ill be sharing with them.

To book seats at Rick Ottons free Melbourne property investment seminar, visit HowToBuyAHouseForADollar.com

About Rick Otton

Rick Otton has spent decades making money by snapping up inexpensive real estate and putting it to work building wealth, and teaching others to do the same.

He is the founder and CEO of We Buy Houses, which operates in the US, UK, Australia and New Zealand, and through this business he puts his strategies to work every day.

Mr Otton received his start in alternative real estate investment in 1991 in the US, and within a year acquired 76 properties. In subsequent years, he made a fortune using his low-risk, high-reward strategies to inexpensively acquire real estate. He continues to do so.

As well Mr Otton travels between his home in Australia, and the UK, sharing his wisdom and teaching others how to buy and sell real estate, free from the constraints imposed by traditional lenders.

In 2013 Rick is celebrating the 10 year anniversary of introducing his property option strategies to real estate investors in the United Kingdom – the first person to reveal these ground-breaking strategies. In 2008 he created the first of his Houses for a Pound strategies, upon which he grows as markets and laws evolve.

Mr Otton has been featured in a variety of television programs and magazines and in 2013 he published ‘How To Buy A House For A Dollar’ for the Australian market. This book has been named in the list of the Top 10 Most Popular Finance Titles for 2013, as voted by Money Magazine and Dymocks Book stores. A UK version is on the drawing board.

For full details of Mr Otton’s Melbourne open-to-the-public one day seminar visit HowToBuyAHouseForADollar.com







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