MELVILLE, N.Y.--(BUSINESS WIRE)--A&G Realty Partners, a leading commercial real estate, advisory and investment group, announced today that it has been retained by The Sports Authority to manage the sale of retail store leases and assist in reducing the Company’s occupancy costs following its’ recent Chapter 11 bankruptcy filing.
A&G Realty is currently accepting bids on the leases, which range from 10,000 to 75,000 square feet located in many of the major retail markets in the country including prestigious locations in California, Florida, Puerto Rico and in addition, the company is exiting the Texas market. For a complete list of stores please click - www.agrealtypartners.com. The auction will take place in mid-April.
“The company has many attractive below market rate leases that are well positioned in key retail strip centers. 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," said Emilio Amendola, A&G Co-President.
About A&G Realty Partners
A&G Realty Partners specializes in real estate dispositions, lease restructurings, facilitating growth opportunities, valuations and acquisitions. A&G Realty clients include some of the nation's most recognizable retail brands in healthy and distressed situations. A&G Realty is a leader in finding innovative ways to consolidate and reconfigure real estate to achieve the highest possible value. A&G Realty was founded in 2012 and headquartered in New York with offices in Chicago and Los Angeles. For more information, please visit www.agrealtypartners.com.