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REVISED DATES: US Electrical Supply to Close, Compass Handles Atlanta Auction

ATLANTA, Sept. 22, 2017 /PRNewswire/ — Atlanta-based electrical wholesaler U.S. Electrical Supply is closing its doors after more than 30 years and selling its remaining inventory in a two-day auction set for September 28-29. Compass Auctions and Real Estate will conduct the auction, which features more than 1,100 lots over the two days.

“We expect this to attract a lot of electrical contractors, individual electricians, retailers, builders and others, who will see it as an opportunity to build up their inventory of electrical supplies they are constantly needing,” said Paige Holt, president of the auction company.

“Because the business is closing, we’ll be selling not only the electrical supplies, but forklifts, racking, scissor lifts and other assets used for managing the warehouse as well,” she said.

More than 30,000 unique items will be sold, including circuit breakers, transformers, conduits, conduit fittings, bus plugs, panel switches, combination starters, termination kits, junction boxes, unilets, lights, switches, fuses and other items. Brand names include Appleton, Square D, General Electric, Siemens and many others.

“U.S. Electric has been the only surplus dealer in the Atlanta area selling construction grade electrical apparatus. So there may be some items in this auction that will be more difficult to find before long,” said Holt.

The live onsite with webcast auction will begin at 9 a.m. Eastern each of the two days — Thursday, Sept. 28, and Friday, Sept. 29, at 915 Glenwood Avenue Southeast, Atlanta, 30316. The items are available for inspection from 8 a.m. to 4 p.m. Monday, September 25, through Wednesday, September 27, or by appointment.

Online prebidding is under way at soldoncompass.com.

Compass Auctions and Real Estate, based in Chattanooga, is Tennessee’s only certified Women’s Business Enterprise woman-owned auction and real estate company. The firm has more than 50 years of combined experience in government surplus, heavy equipment, vehicles, land and charitable auctions. It also has locations in Nashville and Lebanon, Tennessee, as well as in western Kentucky.

For more information:
Carl Carter, 205-823-3273

US ELECTRIC ATLANTA AUCTION SEPTEMBER 2017

US Electrical Supply in Atlanta to close after 31 years. Compass Auctions to handle auction services.

 

State offices in Nashville sell for $8.9 million

Originally reported in Chattanooga Times Free Press
June 23rd, 2017 by Dave Flessner in Business Around the Region


A Chattanooga-based auction company said today it sold two state properties in downtown Nashville for $8,925,000.

Compass Auctions and Real Estate, which conducted the sale, said 30 parties registered for the auction. The winning bidder will remain confidential until after closing on or before Aug. 7.

Paige Holt, president of Compass Auctions & Real Estate, said the Nashville market attracted a lot of interest.

“Real estate in this market is in high demand, and a property of this size is a rare opportunity,” she said.

The properties, located at 450-460 James Robertson Parkway, include 2-plus acres located on the north side of James Robertson Parkway and Gay Street, with frontage on the south side of Fourth Avenue North.

“We are extremely pleased with today’s auction,” said Justin Ochs, vice president of national development for Compass. “We believe our national marketing efforts attracted the most qualified pool of buyers for this particular asset and are honored to have performed the auction on behalf of the state of Tennessee.”

The location is zoned in order to encourage a mix of compatible land uses that provide opportunities to live, work and shop downtown.

auction downtown nashville properties james robertson parkway

CHATTANOOGA-BASED COMPASS AUCTIONS & REAL ESTATE ANNOUNCES $8.9 MILLION SALE OF DOWNTOWN NASHVILLE PROPERTIES

 

NASHVILLE (June 23, 2017)Compass Auctions & Real Estate LLC, a Chattanooga, Tenn.-based auction and real estate company with offices in Tennessee, Georgia and Kentucky, announced an $8,925,000 sale of two large adjacent properties in downtown Nashville on Wednesday, June 21, on behalf of the state of Tennessee. The winning bidder will remain confidential until after closing on or before Aug. 7, 2017.

The auction took place at the Hermitage Hotel and had more than 30 attendees.

The properties, located at 450-460 James Robertson Parkway, include 2-plus acres located on the north side of James Robertson Parkway and Gay Street, with frontage on the south side of Fourth Avenue North.

“The Compass team created an exceptional in-depth marketing approach that was targeted toward individuals and entities that would have an esoteric knowledge of the investment opportunities that this property provided in the Nashville downtown area,” said Paige Holt, president of Compass Auctions & Real Estate. “Real estate in this market is in high demand, and a property of this size is a rare opportunity.”

“We are exceptionally proud of the efforts of our team to bring this premier piece of real estate to the auction stage,” Holt stated.

“We are extremely pleased with today’s auction,” said Justin Ochs, vice president of National Development for Compass. “We believe our national marketing efforts attracted the most qualified pool of buyers for this particular asset and are honored to have performed the auction on behalf of the state of Tennessee.”

The properties include approximately 2.1 acres offered in two separate, but adjoining, parcels and as a whole. 450 James Robertson Parkway consists of approximately 0.87 acres (38,025+/- square feet), and 460 James Robertson Parkway consists of approximately 1.18 acres (51,296+/- square feet) with approximately 45,294 square feet of office space.

The location is zoned in order to encourage a mix of compatible land uses that provide opportunities to live, work and shop downtown.

compass auction sells downtown nashville properties

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About Compass Auctions & Real Estate
Compass Auctions & Real Estate, a woman-owned Chattanooga-based auction and real estate company, offers a host of auction and real estate services, including live, online and webcast auction events. The Compass team has over 50 years of combined experience with government surplus, heavy equipment, vehicle fleet, farm and ranch, estate, luxury asset, and charitable auctions. Compass is a certified woman-owned business and is headquartered in Chattanooga, Tenn., with locations in Nashville and Lebanon, Tenn., Atlanta, and western Kentucky.

Team Compass Welcomes New Members

Team Compass is happy to announce the addition of Brittany Hurdle, Curtis Van Drunen, Lucas Frady and Kali Holt. We are excited to have them on board and help Compass Auctions & Real Estate be of service to you or your business! Visit these links to learn more about how Compass can serve your real estate or auction needs.

Team Compass Auctions Real Estate Brittany Hurdle

 

Team Compass Auctions Real Estate Curtis Van Drunen

 

 

 

 

 

Team Compass Auctions Real Estate Lucas Frady

 

 

 

 

 

 

Team Compass Auctions Real Estate Kali Holt

ALEXZANDRA GEYERAMN BRINGS SIX GENERATIONS OF SALES EXPERIENCE TO TEAM COMPASS

Alexzandra Geyerman knows that greatness doesn’t always come from following a common path. She believes that success tags right along behind choosing happiness every day and knowing when to bend the rules.

Entrepreneurialism runs in her family. Her great-great-great grandfather founded the first Geyerman’s General Mercantile in 1852 and from age 13, Alexz spent her weekends sorting hangers and folding Alfred Dunner slacks at the Mitchell, SD store 150 years later. She remembers the old, tattered lion poster hanging above the staircase leading to the employee break room – “The customer is always king”. That Midwest mindset survived six generations, and remains the groundwork for each venture Geyerman encounters.

Before graduating with an Audio Engineering degree from The Institute of Production and Recording in Minneapolis, Alexz taste-tested a future in ultrasound technology, radio, marketing and design. Her love of music and adventure inspired a spontaneous move to Nashville in 2010, and after spending 3 years working in a 911 dispatch center, she landed her first sales job on Music Row.

While her positive attitude and work ethic comes from her mom, Alexz gets her sense of courage from her father who spent years piloting hot-air balloons. Aside from drinking champagne from red Solo cups after each safe flight, her favorite tradition was the blessing recited prior to each launch. Although The Hot-Air Balloonist’s Prayer  preserves a mysterious origin, its sanguine wish is also relevant to the big-picture version of how she imagines a successful journey:

May the winds welcome you with softness,

May the sun bless you with his warm hands,

May you fly so high and so well that God joins you in laughter

and sets you gently back into the loving arms of Mother Earth.

Alexz would love the opportunity to meet with you regarding any real estate or auction related needs you may have in and around the Nashville area.  Reach her directly at (605) 999-7179, or by email at Ageyerman@soldoncompass.com.

 

By Justin Ochs |