TULSA, Okla., May 25, 2016 /PRNewswire/ -- Thirty-eight real estate assets owned by oilfield services giant Halliburton Corp. that include maintenance facilities, warehouses and land, will be sold to the highest bidder during a three-day period in June. Williams & Williams, a leader in global live and interactive real estate auctions will conduct the auctions in conjunction with strategic broker partner JLL (NYSE: JLL).
The properties are located in Texas, Pennsylvania, Louisiana, West Virginia, Montana, Wyoming, New Mexico and Kansas, as well as Nova Scotia, Canada. "The assets are mostly vacant field offices Halliburton identified as surplus after consolidating some of their operations," said Fontana Fitzwilson, Executive Vice President of Williams & Williams. "Halliburton directed us to sell these properties absolute - without reserve prices - because they want the market to bid with confidence at these auctions," Fitzwilson added.
Among the properties up for auction are trucking terminals, warehouses, development land, plus a barite mine in Nova Scotia.
The auctions will be open to the public and bids may be placed in person for most properties, or online for all properties. Online bids can be placed at AuctionNetwork.com, a sister company to Williams & Williams.
Fitzwilson said the high bidders will required to make a non-refundable 10% down payment immediately after the auctions, and close in 30 days. For more information and to request diligence packages please visit https://www.williamsauction.com/halliburton
About Williams & Williams:
Williams & Williams (www.williamsauction.com) is a worldwide real estate auction firm and the leader in global live and interactive auctions. A full-service brokerage with an operating footprint in all 50 United States and U.S. Territories, Williams & Williams also cooperatively partners with residential, commercial and land brokers to auction properties throughout the United States and abroad.
About Auction Network:
www.AuctionNetwork.com is a subsidiary of Williams, Williams & McKissick, LLC, whose holdings include Williams & Williams. Auction Network™ is a 24-hour global broad-band television network that lets bidders participate from anywhere in the world during live and online auctions.
www.JLL.com (Jones Land LaSalle Inc.) is a leading global professional services and investment management firm specializing in real estate. Our expert teams provide integrated services to clients seeking increased value by owning, occupying, developing or investing in real estate. JLL is characterized by its growth orientation, operational excellence, financial strength, premium brand, collaborative culture and high ethical standards.
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SOURCE Williams & Williams