Sheldon Good & Co. to auction 31 sites in New Jersey, Pennsylvania and Florida on August 23

According to Sheldon Good & Company, a Racebrook Portfolio Company and America's leading real estate auctioneer, an auction campaign was launched to sell a portfolio of 31 commercial real estate properties - consisting of development sites as well as gas stations with convenience stores - throughout New Jersey, Florida and Pennsylvania. The sale represents an immediate opportunity for an investor or developer to acquire a wide range of properties, from ready-to-build parcels to profitable roadside businesses along highly trafficked routes. The assets can be purchased individually, in small groupings, or as a complete portfolio by submitting bids through www.SheldonGoodOnline.com or working directly with Sheldon Good & Company. The auction will conclude on August 23. The 31 properties are located in established retail corridors with major retailers and in secondary markets that are primed for development. Cities include Clearwater, Cape Coral and Ocala in Florida; Philadelphia, Phoenix and Coatesville in Pennsylvania; and Lakewood, North Brunswick, Bayonne, Englewood, Jersey City, Paramus and others in New Jersey. Nine of the available properties have long-term net-leases. A majority of the other commercial properties are vacant and all offer a range of redevelopment possibilities through flexible commercial zoning. The parcels range in size from 8,700 to 103,834 s/f and are ideal for a multi-tenant retail/office building, fast-food franchise or convenience store. "This sale offers an excellent investment opportunity for the astute buyer seeking a diversified real estate portfolio of stable, name-recognized businesses that generate consistent revenue and commercial development sites that provide positive upside potential," said Mark Troen, COO of Sheldon Good and Co. "The ability to purchase one, several, or all of these assets gives a buyer the flexibility to invest in assets that are ideally positioned throughout New Jersey, Florida and Pennsylvania." The Bidder's Information Packet (BIP), a requirement to bid, will be available online and may be purchased by registering at www.SheldonGoodOnline.com or calling (800) 516-0014. This packet contains pertinent information specific to each of the properties and the auction, including a Specimen Purchase and Sale Agreement, tax information, environmental information, as well as the Terms of Sale. Properties may be inspected during normal business hours from 8 a.m. to 5 p.m. local time, Monday through Saturday. Please visit www.SheldonGoodOnline.com or call the Auction Information Line at (800) 516-0014 for additional details. ABOUT SHELDON GOOD & COMPANY Sheldon Good & Company is a Racebrook Portfolio Company and the nation's leading provider of strategic momentum-building marketing and structured accelerated sales solutions. The firm has a 45-year track record of proven results, including selling billions of dollars worth of property in every real estate asset class, and having the highest closing ratio in the industry. Racebrook, Sheldon Good & Company's parent, is a private investment firm founded in 2004 (originally a portfolio company of Warburg Pincus, one of the oldest private equity firms in the world), focusing on opportunity and disintermediation in the real estate and capital markets. Racebrook's principals have executed in excess of $23 billion in commercial real estate transactions and advisory assignments by creating value through its acquisition and disposition process, resolution of property status, efficient management, aggressive asset repositioning and the expeditious implementation of asset specific business plans. Racebook is adept at development, redevelopment, targeted improvements, leasing, marketing and sales, in addition to being an experienced advisor and investor in opportunistic assets, distressed markets, non-performing loans and CMBS. Having both Main Street and Wall Street experience, the company has invested in every real estate asset class across a wide range of geographic markets. The company's portfolio of integrated companies include: Racebrook Capital, Racebrook Restructuring Services, Racebrook Financial, NoteSale.com, Racebrook Marketing Concepts and its auction affiliate Sheldon Good & Company, a pioneer of efficient real estate auction programs since 1973. The firm's headquarters are based in New York City, with primary offices in Chicago, Denver, Los Angeles, San Francisco, Miami, Puerto Rico, Jamaica and other strategic locations. Please visit www.racebrook.com or www.sheldongood.com for more information.