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STORY SUMMARY: On November 17, approximately 11.9 acres of prime
residential land in the Hollywood Hills will be sold to the highest bidder at
an unreserved public auction. The auction will be conducted by Ritchie Bros.
Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer,
and is expected to attract interest from developers, Hollywood's elite - and
anyone who wants to live among the stars.
The property is situated off Laurel Canyon Boulevard, across from the
historic Canyon Country Store - where musicians like Jim Morrison and Joni
Mitchell are known to have held impromptu gigs in the '60s. Today the Laurel
Canyon neighborhood is a mix of new and mature homes, an eclectic area for
residents to "get away from it all," yet still be minutes from Hollywood,
Studio City and the Burbank airport. It's an area of California where
11.9 acres of residential land is rarely, if ever, available.
STATIONS, FOR FURTHER INFORMATION, PLEASE CALL: Kim Schulz, Corporate
Communications Manager, Ritchie Bros. Auctioneers at 1-800-663-8457 or
cell: 604-788-5379. For technical information DURING the feed, please
call CNW at (416) 863-5615.
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