Prefabricated Modular Building Assets Available for Immediate Sale
Gordon Brothers Group to Conduct Orderly Disposition Process
BOSTON, June 14, 2016 /PRNewswire/ -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors, announced that it will begin the immediate disposition of assets formerly owned by M Space following the firm's bankruptcy filing in late-May. M Space is a modular building firm specializing in permanent and temporary prefabricated building types ranging from small temporary buildings to large multi-story complexes.
The assets available for purchase include over 2,400 floors of custom built modular buildings and complexes. These items have applications in construction, education, government, laboratory/research and public safety. In addition, there are a number of buildings currently under lease that can be assumed by the buyer.
"We expect this to be a short sale since we have already received strong responses from interested buyers," stated Robert Maroney, President of the Commercial & Industrial Division of Gordon Brothers Group. "These units have been well maintained and are used in a variety of sectors. We look forward to making them available to buyers from a multitude of industries," he added.
The assets will be sold via negotiated sales. For inquiries, please contact [email protected] or 617-422-7832 or visit modularinventory.com.
About M Space Holdings
M SPACE, a leading modular building company, utilizes modular construction to provide custom and traditional, permanent and temporary, new and used prefabricated buildings. Projects range from small temporary buildings to large multi-story complexes. The firm serves various industries such as education, healthcare, retail and hospitality, government, laboratory/research, public assembly, lodging and housing, general business and office, corrections and public safety with portable buildings, permanent modular buildings and manufactured homes.
About Gordon Brothers Group
Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, mitigating leases, appraising assets and operating businesses for extended periods. Gordon Brothers Group conducts over $70 billion worth of transactions and appraisals annually. As of November 2014, debt financing is provided by Gordon Brothers Finance Company (www.gbfinco.com).
SOURCE Gordon Brothers Group
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