Online Auctions from Tiger Group and Tranzon Asset Advisors Offer Foreclosed Equipment & Real Estate of Major CBD Processor in Kentucky
CADIZ, Ky., July 26, 2021 / PRNewswire / – In separate timed online auctions scheduled for August 10, Tiger Group and Tranzon Asset Advisors each offer foreclosed equipment and real estate from the 86,500 square meter hemp processing facility of a major CBD processor in. on Cadizwho are part of the Clarksville, Tenn. Metropolitan area.
The assets on offer in the Tiger auction include a wide range of processing, laboratory, material handling and plant equipment – with many items new as of 2019. The main assets available include:
Tiger’s August 10th online auction of assets from the former facility of a major CBD processor in Cadiz, Kentucky, includes four 2019 Precision Extraction Solutions automatic solvent vaporizers.
Also on August 10th, Tranzon Asset Advisors will host an online auction of the CBD processor’s properties in Cadiz, Ky., Comprised of this 86,500 square foot lot. Industrial building on 14.5 hectares of land.
- A complete 2019 Vulcan drying system, bought new for approx $ 500,000;
- Four automatic solvent evaporators from Precision Extraction Solutions from 2019, bought new for approx. $ 800,000;
- Two 2019 Merlo telescopic handlers, each 6,600 lbs. Capacity;
- Laboratory equipment from Shimadzu, UIC, Eden Labs, Thermo Scientific and Cascade Sciences; and
- Kaesar and Quincy screw compressors.
“Tiger was once again presented with a significant opportunity to sell vital CBD processing equipment and to partner with Tranzon Fox to commercialize an impressive property in Kentucky, “said Jonathan vacation, Director of Business Development, Tiger Commercial & Industrial. “As the CBD market shows renewed growth, existing and new companies in this industry can find a strong selection of world-class equipment to build their business.”
Recently rated at $ 1.6 million, the property auctioned by Tranzon Asset Advisors comprises the 86,500 square foot industrial building on approximately 14.5 hectares that is classified as Light Industrial (I-1) and can accommodate a variety of commercial and industrial uses.
“The building was extensively renovated and modernized in 2018 and 2019, and the location offers plenty of room for future expansion,” said Jordan Conlee, Executive Vice President of Tranzon Asset Advisors. “Centrally located between Hopkinsville, Ky.; Ft. Campbell, Ky.; and the Land Between the Lakes National Recreation Area, the site provides easy access to I-24 and is a short drive away Clarksville, Tenn.“
Bidding on the equipment at Bidspotter is expected to begin at 11:30 a.m. (ET) on 3rd August, and closes around 11:00 a.m. (ET) on August 10. Assets can only be viewed by appointment 9:00 a.m. to 4:00 p.m. (ET) on August 9. To schedule an inspection or receive other information, email: [email protected] or call (805) 497-4999.
Those interested in the property can start bidding at 9:00 a.m. (ET) on 6th of August. The bid submission ends at 3:00 p.m. (ET) on August 10. The property will be accessible for public inspection 1:00 p.m. (ET) on 3rd August. To make an appointment or for more information, please contact Jordan Conlee from Tranzon Asset Advisors, 270-304-1282, [email protected].
Media contacts: At Tiger Commercial & Industrial Division, Jonathan vacation, (805) 367-3893, [email protected]; at Jaffe Communications, Elisa Krantz, (908) -789-0700, or Bill Parness, [email protected]
SOURCE Tiger Group