Lehman Brothers Real Estate Liquidation Auction

Online, November 30, 2010 (Newswire.com) - Higgenbotham Auctioneers International (HAI) and NAI Highland, LLC announced recently that they have been retained by a division of Lehman Brothers Holdings Inc. to liquidate a portfolio of ten condominiums at Poet Lofts in the Lowell Neighborhood of Colorado Springs, CO. The auction will be held on site at 201 E. Las Animas at 6PM, Tuesday, December 14.

Located in the heart of downtown Colorado Springs, Poet Lofts is conveniently situated near over 45 restaurants, major retail areas, Colorado College, the Colorado Springs Fine Arts Center and other area attractions. There is immediate access to community parks and it is within walking distance of major employment and business areas, negating the need for Interstate commutes.

The portfolio is comprised of three residential condos and seven commercial condos. The residential condos range from approximately 2,100 sf to 2,400 sf. They feature fireplaces, underground parking and private elevators. The commercial condos range from approximately 2,100 sf to 2,900 sf and include an existing mezzanine level.

Previews will be held from 11am to 2pm, Tuesday, December 7th and 12pm to 5pm, Tuesday, December 14th. Bidders may bid live at the auction or on the internet; pre-registration is required for internet bidding, visit higgenbotham.com for details.

For complete information contact Angie Poole at 1-800-257-4161 or visit higgenbotham.com.

About NAI Highland, LLC:
Founded in 1984, NAI Highland LLC is the leading, full service, commercial real estate brokerage company in Colorado Springs providing local expertise and national and international reach through its NAI Global affiliation.