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The exterior of the former grocery store in New London. Tribune photo by Carolyn Lange

Big Store auction off, but buyer could be hooked


NEW LONDON -- The scheduled auction of a New London grocery store was cancelled about a half-hour after it was set to begin Tuesday morning.

There were no "qualified buyers" present at the foreclosure sale of the Big Store, said Oren Klein, from Tranzon Integrated Property Group, who had come all the way from New Jersey to conduct the sale of the store.

A qualified buyer needed to have a $5,000 certified check in order to bid during the auction, Klein said.

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Carolyn Lange
A reporter for more than 30 years, Carolyn Lange covers county government and regional news with the West Central Tribune.
(320) 894-9750