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Real Estate News Releases
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(EMAILWIRE.COM, June 07, 2010 ) Virginia Beach, VA -- Atlantic Asset Management Group Inc. (AAMG), has announced that machinery equipment manufacturer Franklin-Treefarmer, will be auctioning their assets due to bankruptcy. AAMG, a leader in asset management will be the conductor for the auction while providing both on-site auction services in Franklin, Va and working in conjunction with the leader in online auctions, bidspotter.com. This auction will take place over three days; June 8, 9, and 10.
On the auction block will be over 3,000 lots of various types of machining equipment, including high-end high-end and high-quality inspected machinery which includes a Cincinatti Press Break, Mazak VQC 20/50B, Nomara B 85 SR, and WA Whitney 647, only to name a few. Four commercial properties belonging to Franklin-Treehugger will also be auctioned off. These include two properties in Franklin, Virginia, one with a 190k manufacturing facility on 34 acres and another vacant property downtown sitting on 3.37 acres. Other properties being auctioned is their foundry, located in Independence, Oregon and another property located in Louisberg, North Carolina. Also being sold is the complete parts inventory and intellectual property rights.
Based in Norfolk, VA, Atlantic Asset Management Group, Inc. (owned by Auctioneer William “Billy” J. Summs) has been serving the Hampton Roads area and entire Mid-Atlantic for over 30 years. With a specialty in accelerated residential and commercial real estate sales, business liquidations and benefit auctions, AAMG has quickly become one of the top auction and asset management firms on the East Coast, having recently opened a new office in Sarasota, FL. The company’s number of employees has tripled in the last two years alone and boasts an internal advertising agency that specializes in the marketing of auctions. With the current foreclosure crisis at hand, many lenders are using AAMG’s services to accelerate property sales and recoup their finances with buyers and investors that Summs’ firm brings to the table. AAMG currently has property for auction in all over the United States.
For more information about Atlantic Asset Management Group, Inc, please visit their website at: www.atlanticREmarketing.com.
From the avid weekend auction fan, to the first-time buyer, Atlantic Asset Management Group encourages consumers to join them at an auction and enjoy the experience.
Contact:
Tiffiany Ross
Atlantic Asset Management Group, Inc.
866.908.3668
info[@]atlanticremarketing.com
www.atlanticremarketing.com
# # #
Atlantic Asset Management Group, Inc.
Tiffany Ross
866.908.3668
info@atlanticremarketing.com 
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