A&G Real Estate Partners is now accepting bids on 255 Big Lots store leases nationwide as part of the company’s restructuring and sale process, including 51 new-to-market leases._x000D_
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A&G is offering the leases in two groups, pending determination by the court of final bid deadlines in November and December. The company initiated voluntary chapter 11 proceedings on Sept. 9, 2024, to facilitate a sale of substantially all of its assets and business operations._x000D_
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“As the company proceeds to facilitate the sale transaction, it will continue to assess its real estate portfolio, closing additional stores as needed to achieve its goals,” Andy Graiser, co-president of A&G, said. “This process of portfolio-optimization is creating strong opportunities for retailers and landlords across the country. The availability of additional leases may be announced at a later date upon court approval.”_x000D_
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“Because of their larger formats, many of these desirable, strategically positioned locations are a strong fit for today’s expanding operators, including sports-entertainment tenants and larger food-and-beverage concepts that emphasize gaming areas and hangout spaces,” Emilio Amendola, co-president of A&G, said._x000D_
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The 255 leases, which range in size from 16,321 to 54,610 square feet, are located in the following 41 states._x000D_
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Alabama (4)_x000D_
Arizona (6)_x000D_
Arkansas (3)_x000D_
California (21)_x000D_
Colorado (2)_x000D_
Connecticut (2)_x000D_
Delaware (1)_x000D_
Florida (12)_x000D_
Georgia (8)_x000D_
Idaho (3)_x000D_
Illinois (6)_x000D_
Indiana (11)_x000D_
Iowa (3)_x000D_
Kansas (2)_x000D_
Kentucky (2)_x000D_
Louisiana (5)_x000D_
Maine (1)_x000D_
Maryland (6)_x000D_
Massachusetts (4)_x000D_
Michigan (7)_x000D_
Mississippi (1)_x000D_
Missouri (6)_x000D_
Nebraska (2)_x000D_
Nevada (10)_x000D_
New Hampshire (2)_x000D_
New Jersey (12)_x000D_
New Mexico (3)_x000D_
New York (10)_x000D_
North Carolina (4)_x000D_
Ohio (12)_x000D_
Oklahoma (6)_x000D_
Oregon (2)_x000D_
Pennsylvania (7)_x000D_
South Carolina (2)_x000D_
Tennessee (6)_x000D_
Texas (46)_x000D_
Utah (2)_x000D_
Virginia (5)_x000D_
Washington (4)_x000D_
West Virginia (1)_x000D_
Wisconsin (3)
Forward for Specialty Finance
