Atlantic Asset Management Group to Conduct Complete Business Liquidation Auction of John E. Hall Electrical Contractor

PORTSMOUTH, Va., June 10, 2011 /PRNewswire/ -- Atlantic Asset Management Group (www.atlanticremarketing.com) announces the complete business liquidation auction of John E. Hall Electrical Contractor in Portsmouth, Va., by order of secured creditors, on June 28, 2011, according to William J. Summs, Auctioneer.

"This is a huge auction of furniture, fixtures, equipment and fleet vehicles from an electrical contractor," said Summs. "We're also auctioning a beautiful income-producing office and warehouse space with all the bells and whistles."

Located at 3303 Airline Blvd., in Portsmouth, Va., the property consists of a 12,800 sq. ft. office and warehouse space with one dock-level and two grade-level loading bays and a 1.5 acre fenced-in storage yard.

Among the equipment and inventory are: 46 fleet vehicles, including vans, trucks and a bucket truck; hundreds of DeWalt and Hilti power tools and accessories; a huge inventory of new electrical supply parts and security monitoring equipment; fiber optic testing equipment; a PDA operated timelock; a propane fueled forklift; five large generators; wire cutter and wire stripper less than 6 months old; light fixtures; range hoods; fans; HON office furniture and artwork in like new condition; computers, servers, cell phones, phone systems and more.

Furniture, fixtures and equipment will sell beginning at 8:30am, while the real estate auction will be held at noon. Pre-auction inspections are scheduled for June 16 and 23 from 10am to 2pm. For more details about this auction, including auction terms, visit www.atlanticremarketing.com or call toll free (866) 908-3668.

The real estate is being sold by the substitute trustee pursuant to a deed of trust recorded in the Circuit Court for the City of Portsmouth. The sale is subject to the terms of the deed of trust and applicable law. The Trustee, Secured Lender and AAMG make no representations, express or implied, regarding the property being sold. All property is being sold as is and where is.

SOURCE Atlantic Asset Management Group, Inc.