Online auction for government property will run Dec. 6-11

Metairie, La. (December 2, 2019) – SVN | Gilmore Auction & Realty Co. will hold an online auction for a parcel of surplus Jefferson Parish property across from one of Louisiana’s most successful shopping malls, Lakeside Shopping Center. The online auction will be open for bidding from Dec. 6-11.

The land is at 3214-3220 Veterans Boulevard, a major east/west thoroughfare in Metairie, La., near Causeway Boulevard. The starting bid is $1.55 million, plus a 10 percent buyer’s premium.

“The location here is unparalleled, with great traffic flow – about 24,000 cars drive by daily with 30,000 on the other side going west,” said David E. Gilmore, CCIM, CAI, AARE, Managing Director of SVN | Gilmore Auction & Realty Co., a founding partner of SVN Accelerated Sales.

Gilmore is no stranger to Louisiana government auctions. The company has had a longstanding contract with Jefferson Parish to sell its adjudicated and surplus properties. Many other government agencies have called upon Gilmore and SVN to sell surplus properties across the state. In addition, Gilmore and the SVN Auction Services team currently have agreements with Utah and Rhode Island to sell surplus properties in those states.

The Jefferson Parish parcel has 160 feet of frontage with a total of 26,569 square feet and is zoned BC2 (business core). It is situated between Athania Parkway and Causeway Boulevard. The Lakeside Shopping Center across the street is a thriving mall, one of the state’s most commercially viable shopping centers.

Veterans Boulevard is a six-lane, 10-mile thoroughfare running east toward New Orleans and west toward Kenner alongside Interstate 10. Mardi Gras floats parade down Veterans Boulevard, which is lined with shopping centers, car dealers, restaurants, retail stores and other establishments.

“Every retailer and restaurant you can think of is on Veterans Boulevard,” Gilmore said.

Complete information on the parcel is available here.

For information on bidding procedures and terms for this auction, call (504) 468-6800 or visit www.svngilmoreauction.com.

About SVN Accelerated Sales

SVN Accelerated Sales is a provider of date-specific sales and special asset solutions. It encompasses an elite group of local and regional accelerated marketing advisors throughout the United States who specialize in accelerated marketing services for commercial real estate assets. SVN Accelerated Sales offers the industry’s most comprehensive spectrum of auction solutions — from rapid asset resolution and 30-day countdown asset sales to wide area and high impact/high promotion events. As part of one of the most recognized and reputable commercial real estate firms in the industry, SVN Accelerated Sales is supported by SVN International, which features 200 locations serving more than 500 markets. This relationship provides outstanding opportunities for SVN Accelerated Sales to serve clients needing to move assets in accelerated timeframes and creates significant value for buyers and sellers. For more information, visit SVN Accelerated Sales.

Contacts

David E. Gilmore, CCIM, CAI, AARE, managing director, SVN | Gilmore Auction & Realty Co., 504-228-6606 / [email protected]

Ken Zeszutko, Z Corp. PR / 321-213-1818 / [email protected]