Enhanced Investments - Financial Portal

Williams & Williams Set to Auction Surplus Real Estate for Archrock in Texas, Louisiana and Pennsylvania

Published: 2020-09-03 14:00:00 ET

<<< go to AROC company page

HOUSTON, Sept. 3, 2020 /PRNewswire/ --

Texas Properties:

Victoria—Three (3) land lots and two light industrial buildings

Louisiana Properties:

Broussard— 12.22+/- ac lot
Belle Chasse—37,370+/- sf flex office/warehouse property featuring large shop w/ four (4) bridge cranes and eleven (11) overhead doors. Warehouse space complete w/ four (4) overhead doors and 6,100+/-sf of office space, on two (2) levels

Pennsylvania Property:

New Castle— residence

Williams & Williams, a worldwide real estate auction firm and leader in global live and interactive auctions, will auction several surplus real estate properties for energy midstream company Archrock Services L.P. (NYSE: AROC). Listings include warehouse, office space, and land parcels for auction on September 29. The vacant residence in New Castle, PA will sell in an online only auction Sept 28-30 at AuctionNetwork.com. The auctions are being offered in conjunction with commercial broker JLL.

The commercial properties include three land lots and two light industrial buildings in Victoria, TX; improved lot in Broussard, LA; and office/warehouse/shop property in Belle Chasse, LA.

Fontana Fitzwilson, Executive Vice President of Williams & Williams, says "We are honored to be selected by Archrock to assist with the auction of their surplus real estate. The auction process they have chosen is both effective and efficient and powered by technology that lets anyone in the world participate in these auctions. We are honored they selected us for our knowledge and experience in the oil and gas sector."

Public inspections have been scheduled for the buildings in Victoria, TX and Belle Chasse, LA on Sept. 11 & 18 from 11-2pm, and on Sept. 13 from 1-4 pm for the residence in New Castle, PA. The land parcels may be viewed at your convenience during daylight hours.

The auctions are open to the public, with no bidder deposit required to participate. Online bidding is available simultaneously with the live auctions at AuctionNetwork.com. For a complete list of properties, sale times, locations and terms, please visit the auction website: https://www.williamsauction.com/ARCHROCK.

About Williams & Williams:

Williams & Williams (www.williamsauction.com) is a worldwide real estate auction firm and the leader in global live and interactive auctions. A full-service brokerage with an operating footprint in all 50 United States and U.S. Territories, the company is part of the Insight One Solutions family of companies. Williams & Williams also cooperatively partners with residential, commercial and land brokers to auction properties throughout the United States and abroad.

View original content to download multimedia:http://www.prnewswire.com/news-releases/williams--williams-set-to-auction-surplus-real-estate-for-archrock-in-texas-louisiana-and-pennsylvania-301123824.html

SOURCE Williams & Williams

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.