Thursday, February 19, 2009

Liquid Asset Partners to Liquidate Circuit City's 8 Distribution Centers, 2 Corporate Offices and 4 Service Centers.

Thousands of Sections of Pallet Racking; Hundreds of Fork Lifts; Very Modern Conveyor Systems; Scanning Equipment; and the Entire Contents of the Corporate Offices, Including Cubicles, Desks, Chairs, Computers, Laptops, Printers, Supplies and Thousands of Other Items

GRAND RAPIDS, MI--(BUSINESS WIRE)--On February 17th 2009, Liquid Asset Partners LLC of Grand Rapids, MI, was chosen to liquidate Circuit City's Furniture, Fixtures, and Equipment (FF&E) from their 8 Distribution Centers & 2 Corporate Offices with some facilities near 1 million sq. ft. in size.

Bidding took place in Virginia with Liquid Asset Partners LLC bidding against the JV comprised of SB Capital, Tiger Capital, Hudson Capital, Great American, & JG Resources. Liquid Asset Partners was selected because it made the bid which provides sales@liquidassetpartners.com [Circuit City] with the best return for creditors.

The sales will be conducted at each location and prospective buyers should contact Liquid Asset Partners LLC at phone # 616.719.5917, email Sales@LiquidAssetPartners.com or visit their website at
http://www.liquidassetpartners.com/ to view inventories and photos.

To be sold: Thousands of sections of pallet racking; hundreds of fork lifts; very modern conveyor systems; scanning equipment; and the entire contents of the corporate offices, including cubicles, desks, chairs, computers, laptops, printers, supplies and thousands of other items.

The Corporate Offices are located at 9950 Mayland Dr., Richmond, VA and the Distribution Centers are located at:

1100 Circuit City Rd, Marion, IL / 1,078,450 SF
680 S Lemon Ave, Walnut, CA / 918,848 SF
1901 Cooper Dr, Ardmore, OK / 754,000 SF
19925 Independence Blvd, Groveland, FL / 710,000 SF
4000 Township Line Rd, Bethlehem,PA / 640,000 SF
400 Longfellow Court, Livermore, CA / 615,078 SF
14301 Mattawoman Dr, Brandywine, MD / 394,492 SF
501 S. Cheryl Lane, Walnut, CA / 404,492


Bill Melvin Jr., (top left photo) CEO of Liquid Asset Partners LLC said, "We are very excited about the prospects of this sale. We're thrilled to join the bid process and be chosen to run the liquidation.

"My family and I have been doing this type of work for over thirty years. Our experience in dealing with large facilities of warehouse and office equipment is unmatched and our ability to bring a wide variety of equipment to market quickly was a major consideration in the bidding."

Melvin says, "It's our job to pick up the pieces from the ground and put them back into use in the marketplace. These facilities are full of newer electronics, conveyor systems, and warehouse and office equipment. It's going to be an opportunity of a lifetime for any buyers."

Due to the short window of time allowed for the sale, Liquid Asset Partners will be soliciting offers from all interested buyers and making sales rapidly regardless of cost or loss. These facilities are enormous and must be emptied in a very short time, so Liquid Asset Partners will listen to any and all offers.

"The corporate offices alone are over 680,000 square feet and have millions of dollars worth of equipment to be sold in a matter of weeks." Melvin says, "Anyone interested in warehouse equipment, material handling equipment, or office equipment should make contact with us immediately.

" This is an opportunity for buyers to purchase equipment for their homes or businesses at a fraction the cost of new."

Liquid Asset Partners will be advertising this nationwide and will be offering fantastic bargains.

Liquid Asset Partners, LLC is located in Grand Rapids, Michigan.

Contact:
Liquid Asset Partners, LLC, Bill Melvin Jr., 616-719-5917, sales@liquidassetpartners.com

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