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Brea Development Offers 26 New Residences at Close-Out Auction on May 3 


Brea, Calif. – Accelerated Marketing Partners will auction 26 live/work loft residences at South Brea Lofts, an award-winning eco-friendly mixed-use development in Brea, Calif. The City of Brea was awarded the 2008 California Redevelopment Association (CRA) Award of Excellence for Sustainable Development for South Brea Lofts.

Accelerated Marketing Partners, which recently opened its first Southern California office in Irvine, Calif., will auction the 26 two-bedroom homes throughout the 47-home development for minimum selling prices beginning at $475,000. Previous asking prices for the residences extended up to $835,000.

“With these minimum bids, buyers have a tremendous opportunity to buy high-quality sustainable homes at bargain prices,” said Ken Stevens, co-founder and west coast CEO of Accelerated Marketing Partners. “South Brea Lofts has garnered significant accolades for the City of Brea, and now we’re creating an event that will allow buyers to determine what they feel the remaining homes in this development are worth.”

The South Brea Lofts auction will take place on Sat., May 3 at 2 p.m. at the Anaheim Marriott, located at 700 West Convention Way, Anaheim, CA. The auction information center is open daily from 10 a.m. to 6 p.m. at 504 South Brea Blvd., Brea, CA. Advance registration for the auction is required, and interested parties may obtain additional information and a brochure online at www.breaauction.com.

The gracefully crafted two-bedroom, two-bath homes range in size from approximately 1,550 to 1,700 sq. ft., and each residence provides an additional 600 sq. ft. of office or retail space. Amenities include a covered carport space and one-car garage with each home, as well as a café, coffee house, barbecue area and landscaped interior plaza for neighborhood social gatherings.

Residents enjoy polished concrete floors for ground level space at South Brea Lofts and plush carpeting or wood flooring for the first floor of each home living area. Each residence is intricately designed with European-style cabinets, polished concrete countertops, state-of-the-art stainless steel appliances and in-residence washer/dryer units.

The GEM Neighborhood Electric Vehicle (NEVs) at South Brea Lofts help residents to cut down on gas emissions and to shorten commute times, and NEVs transport residents to designated locations in and around the development. The initiative, a first for the City of Brea and for northern Orange County, was awarded the 2007 Outstanding Planning Awards by the Orange County American Planning Association. Winning bidders will be able to purchase NEVs after the auction.

South Brea Lofts is located near Imperial Highway and State Route 57, and the development is conveniently situated near the Brea Mall, Disneyland and numerous parks and golf courses. For more information on the South Brea Lofts auction, please call 888-938-8880 or visit www.breaauction.com.