Tiger Group and Tranzon Asset Advisors online auctions feature seized equipment and real estate for a major CBD processor in Kentucky

CADIZ, Ky., July 26, 2021 /PRNewswire/ — In separate timed online auctions scheduled for August 10Tiger Group and Tranzon Asset Advisors are respectively offering seized equipment and real estate from a major CBD processor’s 86,500 square foot hemp processing facility in Cadizwhich is part of Clarksville, Tenn. Metropolitan area.

The assets offered for sale in the Tiger auction include a wide selection of processing, laboratory, material handling and installation equipment, with many items as new as 2019. The main assets available are:

  • A complete 2019 Vulcan drying system, bought new for approx. $500,000;
  • Four 2019 Precision Extraction Solutions automated solvent evaporators, purchased new for approximately $800,000;
  • Two 2019 Merlo telehandlers, each with 6,600 lbs. capacity;
  • Lab equipment from Shimadzu, UIC, Eden Labs, Thermo Scientific and Cascade Sciences; and
  • Rotary screw air compressors from Kaesar and Quincy.

“Tiger has again been presented with a significant opportunity to sell life-saving CBD processing equipment and to partner with Tranzon Fox to market an exciting property in Kentucky,” noted Jonathan Holidays, Director of Business Development, Tiger Commercial & Industrial. “With the CBD market showing renewed growth, existing and new businesses in this industry can find a solid selection of high-end equipment to grow their business.”

Recently rated at $1.6 millionthe real estate auctioned by Tranzon Asset Advisors includes the 86,500 square foot industrial building on an approximately 14.5 acre site which is zoned light industrial (I-1) and can accommodate a wide variety of commercial uses and industrial.

“The building underwent extensive renovations and upgrades in 2018 and 2019, and the site provides ample room for future expansion,” said Jordan Conlee, Executive Vice President of Tranzon Asset Advisors. “Centrally located between Hopkinsville, Ky.; ft. Campbell, Ky.; and the Land Between the Lakes National Recreation Area, the site offers easy access to I-24 and is a short drive from Clarksville, Tenn.

The equipment auction at Bidspotter is scheduled to open at 11:30 a.m. (ET)) to August 3and will close at 11 a.m. (ET) to August 10. Goods can be inspected, by appointment only, from 9 a.m. to 4 p.m. (ET) to August 9. To arrange an inspection or obtain other information, send an e-mail to: [email protected] or call (805) 497-4999.

People interested in real estate can start bidding at 9 a.m. (ET) to August 6. Auctions will close at 3:00 p.m. (ET) to August 10. The properties will be available for public inspection at 1:00 p.m. (ET) to August 3. To arrange an appointment or obtain further information, please contact Jordan Conlee of Tranzon Asset Advisors, 270-304-1282, [email protected].

Media contacts: To Tiger’s Commercial and Industrial Division, Jonathan Holidays(805) 367-3893, [email protected]; at Jaffe Communications, Elisa Krantz(908)-789-0700, or Bill Parness, [email protected]

SOURCE Tiger Group