“Despite the COVID-19 pandemic, buyers are still willing to purchase under auction conditions via an on-line platform,” Mr Dowdy said.
“The campaign was well-received and garnered excellent buyer interest with five registered bidders and a total of 30 bids. The property sold under the hammer in 11 minutes.”
Mr Darkoh added; “The buyer was motivated by the site’s convenient location to local amenities and its potential for future development.”
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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.