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Mortgagee's Sale of Real Estate & Secured Party Sale at Public Auction
A high visibility location just off Interstate 95/Route 128 situated between 2 highway exits. The site has 99.8+/-acres zoned commercial & 19.6+/- acres zoned residential. Property lends itself to a variety of potential uses. Existing buildings are in process of being razed. Also included in the sale are 100% of the Membership Interests in each of the following Delaware limited liability companies: (i) Green Street Land Company LLC, (ii) Waltham Property Company LLC, and (iii) Waltham Land Holdings LLC. All Membership interests are unregistered securities under the Securities Act of 1933 and will be sold subject to certain restrictions applicable to the same. The Sale will be open only to Qualified Bidders. Any successful qualified bidder must satisfy all transfer restrictions and other investor qualification requirements as may be required by law and/or under the applicable governing documents relating to the Membership Interests. Call Auctioneer for Information Packet.
Terms of Sale: A deposit of $500,000 by certified or bank check will be required at the time & place of sale which deposit shall be increased to 5% of bid price in ten (10) days & balance within thirty (30) days. Other terms announced at sale. Barry G. Braunstein, Esq, Riemer & Braunstein LLP, Boston, MA, Attorney for Mortgagee & Secured Party
