密封投标和拍卖时间表:
2018年11月29日——密封投标截止时间为东部时间上午9:00 (请访问下面的尽职调查库以获取信息和密封投标表格的副本)。
2018年12月12日——东部时间上午9:00-12:00——在线拍卖活动(卖方可自行选择) (登记和参与押金应在此日期前提交)。
请注意,根据适用的规则和条例,出售美国新泽西州米德尔塞克斯房产的该房产须经新泽西公共事业委员会(New Jersey Board of Public Utilities)批准,包括密封投标的使用,截止时间为东部时间2018年11月29日上午9:00。所有密封投标将于2018年11月29日东部时间上午9:00后立即开封,开封地点为新泽西州(NJ)莫里斯镇(Morristown)麦迪逊大道(Madison Ave.)300号公司办公室,邮编:07962。 此外,因为在开封密封投标后,公司可能会在2018年12月12日开始进行在线拍卖,所有投标人必须在Ten-X登记,网址为10X.COM/NEW JERSEY LAND。公司可自行选择根据符合要求的密封出价与潜在买家签订PSA,而不用进行在线拍卖。因此,我们强烈鼓励您采取密封出价的方式,因为这能确保如果没有进行在线拍卖,您还有机会提交出价让公司考虑。如果密封投标没有签订PSA,公司也可以选择进行在线拍卖,美国新泽西州米德尔塞克斯房产的这次拍卖将于2018年12月12日上午9:00开始。
SEALED BID & AUCTION TIMELINE:
11/29/18 – Sealed bids due by 9:00 AM Eastern Time (please visit the Due Diligence Vault below for information and a copy of the Sealed Bid Form)
12/12/18 – 9:00 AM - 12:00 PM Eastern Time - Online auction event (optional at discretion of Seller) (registration and participation deposits due before this date)
Please note that the sale of the Property is subject to the approval of the New Jersey Board of Public Utilities under applicable rules and regulations, which include the use of sealed bids, which are due by 11/29/18 by 9:00 AM Eastern Time. All sealed bids will be opened on November 29, 2018, at the Company’s offices at 300 Madison Ave., Morristown, NJ 07962 promptly after 9:00a.m. Eastern Time. In addition, because after the opening of the sealed bids, the Company may proceed to an online auction to commence on December 12th, 2018, all bidders must register with Ten-X at 10X.COM/NEW JERSEY LAND. The Company has the option at its sole discretion to enter into a PSA with a prospective buyer based on a compliant sealed bid and not proceed to an online auction. Therefore, sealed bids are strongly encouraged as it will assure that you have an opportunity to have your bid considered if there is no online auction. If the sealed bidding does not result in an executed PSA, the Company also has the option to proceed to an online auction, which will commence on December 12, 2018 beginning at 9:00a.m. Eastern Time and ending at 12:00p.m. Eastern Time.
Prospective bidders should assume that the online auction will be conducted. If the Seller has accepted a sealed bid and declined to initiate the online auction a notification will be set forth on the applicable online auction webpage.
INVESTMENT OVERVIEW:
The property is an undeveloped 15.24-acre parcel of land set along the New Jersey Turnpike (I-95) in Middlesex County, New Jersey. It is located 10 minutes from the Exit 8A interchange within the LI-4 light industrial district. The site is in New Jersey’s prime logistics and trucking corridor immediately accessible to one of the most critical distribution arteries for northeast region of the country. While zoning would permit the development of a modern warehouse and distribution facility, the property could be ideal for truck service and sales related functions or other specialty use purposes. The high visibility of the site and easily accessible location fit well with the user demands of this market. This property will be auctioned on Wednesday, December 12 - Wednesday, December 12. For information and to register to bid on this property, please visit Ten-X.com.