Melville, N.Y. — A&G Realty Partners has been retained by RadioShack to manage the sale of retail store leases and warehouses following the company’s recent Chapter 11 bankruptcy filing.
A&G Realty is currently accepting bids on the leases, which range from 1,200 to 5,300 square feet located in many of the major retail markets in the country including prestigious locations in New York City, Chicago, Los Angeles, Dallas, Puerto Rico and Miami. For a complete list of stores please click here.
“The company has done a great job with their real estate and are well positioned in key retail street, strip and mall locations. By taking assignment of leases, retailers have the opportunity to enter new markets and gain access to projects they may have previously been unable to penetrate. The availability of these leases is expected to attract interest from many national and local retailers,” says Andy Graiser, co-president of A&G.
“We expect store closing sales to move very quickly and there will be several waves of store closures. It is important for interested parties to move quickly on submitting offers for leases before the store closes,” adds Graiser.
A&G Realty Partners specializes in real estate dispositions, lease restructurings, facilitating growth opportunities, valuations and acquisitions. A&G Realty was founded in 2012 and headquartered in New York with offices in Chicago and Los Angeles. For more information, visit www.agrealtypartners.com.
SOURCE: A&G Realty Partners