Elk Home engaged GA Group, an asset disposition, valuation, appraisal and real estate services firm, to manage the complete liquidation of the company’s inventory as it ceases operations after over four decades in business.
“Since 1983, Elk Home has been at the forefront of high-quality home furnishings, collaborating with top retailers and designers across North America. We are excited to facilitate improved procurement costs, with more than $46 million of factory-fresh inventory located in the company’s 950,000 sq. ft. Georgia distribution center,” Seth Marks, senior vice president and head of wholesale solutions for GA Group, said. “This is an exceptional opportunity for home furnishings businesses to mitigate tariff challenges and purchase directly from the liquidation process, below manufacturers’ costs.”
