SPERRY VAN NESS/GILMORE AUCTION TO AUCTION FORMER SOUTH CENTRAL BELL DATA AND CALL CENTER SUGGESTED OPENING BID $2,750,000 ($13 PSF)            

New Orleans, LA – April 17, 2012 - Sperry Van Ness/Gilmore Auction and Talbot Realty Group have been commissioned to auction the former South Central Bell Data and Call Center located at 6767 Bundy Road, New Orleans, Louisiana.  The property will be offered initially via a sealed bid.  An onsite auction will be held for qualified bidders May 18 at 12 noon.

This office building is approximately 210,000 sf on a 10.71 +/- acre site.  It has 567 + spaces of covered garage and open parking.  Special features include:  Fire command center, access flooring over portions of the premises, diesel generators for back-up power, 8,000 gallon and 12,000 gallon diesel tanks (underground), vending/cafeteria area and loading dock.

For more information and bid package visit www.svnauctions.com or call Sperry Van Ness/Gilmore Auction at 504-468-6800 or toll free 800-254-1280. Bidders must submit to SVN/Gilmore Auction a completed and signed Purchase Agreement and Terms and Conditions, which can be obtained from SVN/Gilmore website, along with 10% deposit of bid in the form of a Cashier’s check prior to 4:00pm, May 15, 2012. 

“This is a fantastic opportunity to acquire this property at a fraction of the replacement cost.” states Dave Gilmore, Managing Partner of Sperry Van Ness/Gilmore Auction.