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WESTSIDE - Consolidated Freightways is putting its Jacksonville distribution facility on the auction block. The 6.6-acre property at 2120 N. Lane Ave., which includes a 26,000-square-foot building, will be auctioned May 20. The auction will be conducted in a law office in Los Angeles and bidders can participate by telephone.
Consolidated Freightways filed for bankruptcy protection in September 2002 and has been selling off its assets under orders from the U.S. Bankruptcy Court for the Central District of California.
A starting price of $895,000 has been set for what will be a reserve auction, meaning that the owner can call off the...