RCS Real Estate Advisors to Market 170+ Eddie Bauer Store Leases Across the U.S. and Canada

Robust portfolio spans approximately 1.08 million square feet in premier retail corridors

NEW YORK--(BUSINESS WIRE)--RCS Real Estate Advisors, a leading national retail real estate advisory firm, today announced it has been retained to market a substantial portfolio of Eddie Bauer LLC (“Eddie Bauer”) retail store leases throughout the U.S. and Canada as part of the company’s ongoing Chapter 11 bankruptcy proceedings.

Building on its previously announced role as exclusive real estate consultant to Eddie Bauer, RCS is now actively marketing approximately 174 store leases totaling more than 1.08 million square feet. The portfolio includes 150 locations across 40 U.S. states and 24 locations across six Canadian provinces, offering a broad range of footprints in established malls, lifestyle centers and high traffic retail corridors.

The available stores average around 6,300 square feet and are located in strong retail markets including California, Pennsylvania, Washington, Wisconsin, Minnesota, New York, Michigan and New Jersey, among others. The portfolio offers a range of opportunities for expanding retailers, off-price operators, specialty concepts and emerging brands seeking turnkey space with existing buildout in established shopping destinations. Many locations benefit from strong co-tenancy, regional mall positioning and proximity to national anchors.

“As part of the Chapter 11 process, we are focused on maximizing value and identifying opportunities for landlords, retailers and other uses seeking quality retail space in proven trade areas,” said Ivan Friedman, President and CEO of RCS Real Estate Advisors. “This portfolio represents a rare opportunity to secure legacy retail locations in established centers nationwide. Our team is actively engaging the market to drive competitive interest and efficient lease dispositions.”

RCS will oversee all marketing efforts, lease assignments and related negotiations with Eddie Bauer and its advisor, subject to bankruptcy court approval. Detailed property information, lease terms and bid procedures will be made available to qualified parties upon request.

Retailers, landlords and brokers interested in learning more about specific locations are encouraged to contact RCS Real Estate Advisors:

Ivan L. Friedman, President & CEO ([e-mail])
Spence Mehl, Partner ([e-mail])
Ed Coury, Senior Managing Director ([e-mail])
Moe Puri, Managing Director ([e-mail])

About RCS Real Estate Advisors
Founded in 1981, RCS Real Estate Advisors (RCS) is a leading national retail real estate advisory firm that provides innovative, tenant-centric solutions for complex real estate challenges. RCS’s team of industry veterans use their in-depth retail knowledge and experience to fight tenaciously for their clients’ long-term success. RCS maximizes returns and protects its clients from entering into bad agreements, with a deal-structure mindset rooted in a forward-looking, risk-averse approach. The firm specializes in reducing occupancy costs, restructuring leases and expanding physical footprints.

RCS excels at identifying and exploiting investment and expansion opportunities because it sees the world through retailers’ eyes. For more than four decades, retailers have trusted RCS to strike the best, most favorable lease terms, preserve profitable locations, select the best sites for expansion and growth, and monetize real estate. For more information, visit: https://www.rcsrealestate.com/about-us/