Hamilton Square Sale
February 14, 2013
Source: High Point Enterprise - 2/14/2013
The U.S. Bankruptcy Court has approved the sale of the Hamilton Square furniture showroom in High Point to Capital Bank, its main note holder, the High Point Enterprise reports.
The decision came after Capital bid on the 115,000-square-foot showroom at a bankruptcy auction Tuesday. The winning bid was $1.4 million, a fraction of its $5.7 million assessed value, the Enterprise says.
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