Friday, November 25, 2011

Former Shelburne Film Studio/Navy Base Sold in Auction

The 150-acre parcel of land at Sandy point near Shelburne was sold in a receiver's auction for $125,000 on Thursday. Roger Sullivan, owner of Yarmouth-based Tri-County Construction was the successful bidder. At one time the asking price for the property was $5 million. Sullivan says he has no immediate plans for the former film studio and navy base. In a separate bid, Tanya Strate purchased six ocean front lots for $85,000 or less than $15,000 per lot. Proceeds of the auction will go toward creditors, including the now defunct South West Shore Development Authority.