Tranzon Auction Properties Engaged by TD Bank to Offer Gas & C-Store Portfolio at Foreclosure Auctions

Jun 04, 2010, 17:00 ET from Tranzon Auction Properties

PORTLAND, Maine, June 4 /PRNewswire/ -- Tranzon Auction Properties, with corporate offices in Portland, Maine, announced today that it has been engaged by TD Bank to market and auction 16 gas and convenience stores stretching from Southern New Hampshire to South-Eastern Massachusetts.  

"We're marketing these properties locally, regionally and nationally to alert interested parties of the sales scheduled to start on June 21st and run through the 29th," says Thomas Saturley, President of Tranzon Auction Properties. "We're very pleased to be offering these properties, I spent quite a few professional years in the gasoline trades, so station sales are near and dear to my heart."

Brecht Palombo, of Tranzon Auction Properties' Massachusetts office, notes that the sales offer a unique opportunity for entrepreneurial buyers to get started in the gasoline business, or for established players to add to their existing portfolio of locations. "The calls started the minute we put these up on the website," says Palombo. "Folks had been looking at these stores since they shut down earlier this year. Acquiring these at auction provides a solid opportunity to purchase at a fair price, and buyers are interested."

For a complete list of properties, please visit www.cstoreauction.com

Tranzon Auction Properties, with offices in Portland, ME, Greater Boston, and Buffalo, NY, provides Real Estate Solutions, including Asset Disposition, Analysis, Accelerated Marketing and Auction Services. Tranzon Auction Properties is a member company of Tranzon, LLC comprised of over 34 offices nationwide. Tranzon's official website is www.tranzon.com.

SOURCE Tranzon Auction Properties



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