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HUGE SOUTHEASTERN REGIONAL MULTI-PROPERTY AUCTION TO BE HELD ON JUNE 3

 ATLANTA, April 28 /PRNewswire/ -- Michael Fox Auctioneers, Inc., in conjunction with AFCO Realty Associates of Atlanta, announces the upcoming auction of 15 commercial and industrial properties located in
Georgia and Alabama to be held on Thursday, June 3, at 1 p.m. Included in the auction is the landmark Rhodes-Haverty building in downtown Atlanta. The auction will take place at the INFORUM, 250 Williams St. (between Harris and Baker streets) in downtown Atlanta. There will be a Bidder's Seminar at the INFORUM on June 2 at 7:30 p.m.
 The Georgia properties are located in Atlanta, Marietta, Dekalb County, Gainesville, Douglasville, College Park, Morrow and Canton. The property in Alabama is located in Huntsville.
 Properties in the auction include office buildings, a shopping center, warehouses, manufacturing and distribution facilities, and commercial, industrial and residential land. Broker cooperation is invited for all properties.
 Steve Fox, marketing representative for Michael Fox Auctioneers, stated: "This auction represents an outstanding opportunity for investors, developers, and users to buy quality real estate at public auction. Our sellers are extremely motivated and have chosen to accelerate their marketing efforts by using the auction method."
 For a general information package, and/or property specific details, contact Michael Fox Auctioneers at 800-722-3334. A list of property addresses and types follows.
 Michael Fox Auctioneers, one of the largest auction and asset recovery firms in the United States, was founded in 1946. Based in Baltimore, the company conducts approximately 100 auctions annually.
 AFCO Realty Associates, founded in 1971 by Samuel G. Friedman, is one of Atlanta's leading full-service commercial realty companies.
 LIST OF PROPERTIES FOR SOUTHEASTERN MULTI-PROPERTY AUCTION
 1. Downtown Atlanta The Rhodes-Haverty Building,
 118,931 plus/minus sq. ft. office bldg.
 2. Downtown Atlanta Office/Warehouse Bldg., 120,000 plus/minus
 sq. ft. on 5.6 plus/minus acres, Heavy Power
 3. Huntsville, Ala. Office/Distr./Mfg. Bldg. 254,000 plus/minus
 sq. ft. on 27.4 plus/minus acres, 22' clear,
 Heavy Power
 4. Atlanta Airport Industrial land, 56 plus/minus acres, all
 area utilities, just off I-75
 5. Atlanta area Land, 200 plus/minus acres multi-family
 (Covington Hwy.) resid., all or part, all utilities; 12
 plus/minus acres Comm'l. all utilities.
 6. Atlanta Airport Heavy industrial land, 17 plus/minus acres
 area with 5,000 plus/minus sq. ft. office
 bldg.
 7. Canton, Ga. Office/Whse, 76,250 plus/minus sq. ft. on
 7.3 plus/minus acres, 25 miles N. of Atlanta
 8. N.W. Atlanta area 2-Story Office Bldg., 15,073 plus/minus sq.
 (Marietta) ft., Prime location
 9. Atlanta Airport Office/Whse., 41,500 plus/minus sq. ft. on
 area 2.9 plus/minus acres just off I-75
 10. South Atlanta Heavy Industrial land, 10.5 plus/minus
 area (Morrow) acres, all utilities, rough graded
 11. Gainesville, Shopping Center, 19,100 plus/minus sq. ft.,
 Ga. on 1.4 plus/minus acres, frontage on 2 roads
 12. Atlanta Airport Multi-Tenant Business Park, 52,384
 area plus/minus sq. ft. on 4.0 plus/minus acres,
 70 percent leased
 13. Atlanta Airport Industrial land, 9.3 plus/minus acres, all
 area utilities, 900-foot frontage on I-75
 14. West Atlanta area Industrial land on Bankhead Hwy., 31.6 plus/
 (Douglasville) minus acres, all utilities.
 15. Atlanta area Commercial land, 4.8 plus/minus acres,
 (Covington Hwy.) all utilities.
 -0- 4/28/93
 /CONTACT: David H. Nevins for Michael Fox Auctioneers, 410-356-8822/


CO: Michael Fox Auctioneers ST: Georgia, Alabama IN: SU: RLE

TW -- DC006 -- 1816 04/28/93 09:10 EDT
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Date:Apr 28, 1993
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