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    Newell Rubbermaid

Throughout the United States

Industrial

Challenge
Corporate Surplus Property

Newell Rubbermaid sought to divest itself of eight non-core assets. The assets, scattered across five states, included four million square feet of manufacturing, warehouse and distribution facilities.

Solution
Sheldon Good & Company implemented a regional real estate auction program for each property.

Results

  • 73 property inspections
  • 36 bidders
  • All 8 properties sold and closed within 45 days