MARINASALES ANNOUNCES STRATEGIC ALLIANCE WITH TRANZON AUCTION PROPERTIES
– November 2nd, 2009
Tranzon Auction Properties Will Serve as Exclusive Accelerated Marketing PartnerPORTLAND, ME (January 20, 2010) — MarinaSales, LLC, the nation’s leading marina brokerage firm, has announced that it will partner with Tranzon Auction Properties and affiliates as the exclusive provider of accelerated marketing and real estate disposition services for marine-related properties. The new strategic alliance will provide auction and accelerated sales services for marina owners and other clients of MarinaSales throughout the United States. “We anticipate a strong need for timely sales with market driven pricing over the next 12 to 18 months,” said Jed Harris, principal at MarinaSales. “Continued credit tightening, an abundance of maturing debt and sustained challenges selling residential components will likely compel many marina property owners into aggressive selling positions.”
Marc Anton, founder and principal at MarinaSales, commented on the benefits that the new alliance will bring to his firm’s clients. “As we consider solutions for our seller clients over the coming year, we see a strong need to offer them an accelerated marketing option,” said Anton. “We have numerous buyers asking about opportunities and many sellers thinking about redirecting their assets and energies. The biggest challenge our clients face is pricing their properties at levels that fairly reflect current market conditions in this challenging climate. Our partnership with Tranzon Auction Properties allows us to assure our clients with confidence that their property sales will occur at fair market prices.”
“We’re very excited about this partnership,” said Mike Carey, Vice President at Tranzon Auction Properties. “MarinaSales has intimate knowledge of marine related properties, and Tranzon has unparalleled experience and expertise in handling accelerated dispositions of real estate for our banking, bankruptcy and other institutional clients.” Together, Tranzon and MarinaSales will be uniquely positioned to meet the real estate sales needs of marina owners and other clients in marine-related industries. Tom Saturley, President of Tranzon Auction Properties, agreed, adding that his firm’s relationship with other Tranzon companies around the country “will enable MarinaSales to bring the needed expertise to marina transactions anywhere and everywhere in the United States.”
About Tranzon Auction Properties
Tranzon Auction Properties, with offices in Portland, Maine, the Boston Metro Area, and Buffalo, NY, is a full-service auction and real estate disposition company. The company is part of the Tranzon, LLC network, one of the leading national real estate auction companies with more than 30 offices throughout the United States. The member companies of Tranzon auctioned nearly 1,000 properties over the past year and have conducted auctions in 47 states and the District of Columbia, selling more than $1 Billion in assets since the Company’s formation. The professionals working at Tranzon member companies specialize in providing real estate auction and accelerated marketing services, as well as liquidations of business and other financial assets for corporations, financial institutions, trustees, individuals and estates.http://www.tranzon.com/
About MarinaSales, LLC
MarinaSales, LLC, the leading marina brokerage firm in North America, is based in Portland, Maine, and provides marina related brokerage services throughout the country. MarinaSales’s professional brokers and financial intermediaries provide comprehensive services in the valuation, positioning, and marketing of marinas and marine-related businesses, and have backgrounds in finance and real estate along with the deep industry connections required to source and close deals. http://www.marinasales.com/
