A&G Realty Partners Hires Veteran Retail Real Estate Professional

by Katie Lee

Melville, N.Y. — Former Sears Holdings and Ashley Furniture real estate and M&A executive Jim Terrell has joined A&G Realty Partners as a senior managing director.

Terrell brings over four decades of experience to his new position at A&G, including 36 years with Sears Holdings and its subsidiaries. Most recently he was president of Clean The Barn, Inc., an independent real estate consultancy assisting a host of clients on efforts to rationalize their real estate portfolios, while also providing guidance on transactions, organization structure and operating expense reduction. Prior to that, he served as senior vice president of real estate for Ashley Furniture, where he led the retailer’s real estate activities.

From 1979 to 2015, Terrell held a variety of managerial and senior executive positions with Sears Holdings and its subsidiaries, ultimately rising to director of operations – business development (mergers and acquisitions) and vice president and chief operating officer of Sears Holdings’ real estate portfolio.

Over the course of his career at Sears, in addition to guiding site selection, new store openings and other retail growth initiatives, Terrell repurposed dozens of facilities, including stores, distribution centers, offices and other facilities through leasing, sub-leasing, assignments and redevelopment, often in collaboration with owners and buyers.

“Jim is a prolific deal-maker with a very diverse real estate background,” says Andy Graiser, who serves as co-president of A&G with Emilio Amendola. “He is widely recognized in the industry as an innovative problem-solver, playing key roles in a myriad of complex and creative transactions in the retail and real estate landscape. After working with Jim on a variety of deals over the years, Emilio and I are thrilled to have him on the A&G team.”

SOURCE: A&G Realty Partners

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