TULSA, Okla., Aug. 26, 2016 /PRNewswire/ -- Williams & Williams, a leader in global live and interactive real estate auctions will offer a second portfolio of real estate for oilfield services giant Halliburton. Sept 27-28 in several states and two Canadian provinces. Williams & Williams will conduct the auctions in conjunction with strategic broker partner JLL (NYSE: JLL).
The properties include warehouses, maintenance facilities, offices and land, and are located in Texas, Louisiana, Mississippi, Kansas and West Virginia. Two additional properties are located in the Canadian provinces of Nova Scotia and Alberta. Several of the properties in the portfolio will Sell Absolute, Without Reserve to the highest bidder.
"Following a very successful round of auctions in late June, the seller was able to realize full market value and liquidity in a very short, 60-day period," said Fontana Fitzwilson, Executive Vice President of Williams & Williams. "We believe this new assemblage of auction properties offers buyers comparable value and opportunity in terms of facility quality and locations."
Fitzwilson said Halliburton is once again offering limited buyer indemnifications and will sell several of the properties Absolute, Without Reserve to demonstrate their commitment to the disposition of these real estate assets.
The auctions will be open to the public and bids may be placed in person for the U.S. 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 be required to make a non-refundable 10% down payment immediately after the auctions, and close in 30 days. For more information and to request due 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.
SOURCE Williams & Williams