City hires firm to market former Dillard’s Building
by MBJ Staff
Published: April 4,2012
JACKSON — The Overby Company has been selected by the City of Jackson to assist with the comprehensive marketing and development of the former Dillard’s Building.The Overby Company will list the price of the site based on its marketability, similar sales in the area and statutory requirements, recommend a projected timeline for the sale and develop a marketing plan for the sale of the property.
“We are confident in the Overby Company’s experience,” said Mayor Harvey Johnson Jr. “We hope to have the former Dillard’s building back on the tax roles as a result of this move.”
The decision was based, in part on the Overby Company’s local knowledge of the market, wealth of experience and broad network.
There are no upfront costs for the city. However, the Overby Company will receive 8 percent commission from the sale of the former Dillard’s building.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi Film Studios signs contract with New Orleans company
- Peavey's wellness program honored after workers drop 1,000 pounds
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Watkins says JRA out to block him from Farish by repaying HUD $1.5M
- Pickering lists concerns over Mississippi Adequate Education Program formula
- Group, lesbian couples look to overturn state's ban on same-sex marriages
- Board authorizes sale of company that owns Silver Slipper Casino
- State renews battle over water use with city of Memphis
- GreenTech holds grand opening of neighborhood electric vehicle plant