Pending approval of county officials, the site is scheduled for completion in August 2004.The land is at the intersection of Spence Road and Oakley Industrial Blvd., adjacent to the Fayette County line.

ADESA currently operates a 64-acre auction facility in Newnan County, GA. It is a subsidiary of Duluth, MN-based ALLETE, Inc., a vehicle remarketing company. Through a network of subsidiaries, ADESA operates 50 wholesale vehicle auction sites in the United States and Canada.

Among its clients are DaimlerChrysler Factory, Chrysler Financial, Bank One, Wachovia Bank, Household Auto Finance, and the Budget, Dollar and Thrifty Rent a Car auto rental companies.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.