SOUTH BOSTON, Va., May 6, 2016 /PRNewswire/ -- The future of the former Carlbrook School property is looking brighter after a U.S. Bankruptcy Court judge in Roanoke approved the sale of Carlbrook's real estate and personal property on Monday, May 2.
Carlbrook was headed for an absolute auction of the 191-acre campus, as well as all of its personal property, with Woltz & Associates hired to conduct the sale of the property. Woltz brokered the transaction of the sale.
"This was a big win for Halifax County and the Southern Virginia region," said Jim Woltz, president of the auction company. "The new owners will do great things with the property, give a renewed future for the facility, and create employment opportunities for the area."
The new owner is New Boston, LLC, a subsidiary of Acadia Healthcare, Inc., Franklin Tennessee. Acadia Chief Development Officer Steve Davidson said, "We are excited to be a part of the community. We have not decided what type of program that will be housed at the location and would discuss plans and options with the appropriate, city, county, and state officials prior to making any public announcements. Furthermore, we do not have specific timing on those discussions or when plans will be finalized."
Woltz and Associates worked closely with Matt Leonard, director of economic development of the Halifax Industrial Development Authority (IDA). "We appreciate Acadia's interest in investing in the Carlbrook project, as well as Woltz's work in connecting them to the Carlbrook property. We look forward to continuing to develop the project with them to everyone's benefit," said Leonard.
Woltz and Associates, based in Roanoke, is one of the nation's leading real estate brokerage and auction companies. Individuals seeking additional information may visit woltz.com or call 800-551-3588. More auction PR.
Jim Woltz, 540-353-4582
David Boush, 540-871-5810
Carl Carter, 205-823-3273
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SOURCE Woltz & Associates