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Corporate Ordered Auction of Industrial Warehouse Facility in Topeka, Kansas


4-8-2008 - Tranzon Asset Advisors

Media Contact
Steve Cooney
Tranzon Asset Advisors
270-769-0284
scooney@tranzon.com

Tranzon Asset Advisors, a national real estate auction firm, has been hired by CDC of St. Louis,
Missouri to auction an industrial warehouse situated on 4.525 +/- acres. Located in the
Downtown Square area of North Central Topeka, Kansas, this 177,847 sf industrial warehouse
has been the cornerstone of the vibrant and changing downtown in Topeka, Kansas. The
property is currently occupied by Cardinal Brands. They are currently in the process of vacating
the building and moving their entire processing operation out of state. This property will be one of
the few vacancies in downtown Topeka and allows neighboring businesses to expand into this
building.

Originally constructed for Adams Business Forms, now Cardinal Brands, this property has high
visibility from Interstate 70 and can be used for a wide variety of uses. Since 1925 this property
has been renovated and expanded to fit a wide variety of business needs as times changed.
Each decade shows the development of this property with expansion with 49 parcels being
purchased and developed over its 88 year history.
As the national economy has cooled the need for serious sellers and institutions to clear up
excess real estate inventory has lead to innovative marketing, spearheaded by Tranzon member
companies across the USA.

Tranzon Asset Advisors is a full-service real estate auction company and a member company of
Tranzon, L.L.C., which is based in Richmond, Va. Founded in 2001, Tranzon L.L.C. has 14
independently owned and operated member auction companies that collectively have more than
30 offices coast-to-coast. The professionals working at Tranzon member companies specialize in
providing real estate auction and accelerated marketing services to corporations, financial
institutions, trustees, individuals and estates throughout the U.S. Tranzon member companies
regularly conduct over 1,000 auctions and 2,500 property valuations per year, effecting in excess
of three billion dollars in real estate per year.

For a complete list of auctions and sales or to learn more about Tranzon visit www.tranzon.com.
Enter property number TAA-0821 more information on this Auction.

 

 

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