Gordon Brothers, the global asset experts, has been retained by Grocery Outlet to market a portfolio of retail leaseholds and related furniture, fixtures and equipment across California, Idaho, Pennsylvania, New Jersey, Maryland and Ohio.
The engagement supports Grocery Outlet’s store portfolio optimization efforts as the company continues to expand its national footprint. As part of its disciplined growth strategy, the company is refining its store base to align capital and resources with long-term market opportunities.
The stores are fully built with customer-ready sales floors, refrigeration systems, back-of-house infrastructure and dedicated parking. Furniture, fixtures and equipment (FF&E) may remain in place or be made available for purchase, providing flexibility depending on the operator’s plans.
“We are proud to support Grocery Outlet as it continues to grow and actively optimize its store portfolio,” Al Williams, co-head, North America real estate services at Gordon Brothers, said. “This is high-quality retail real estate in proven trade areas, and many of these locations include well-maintained FF&E that can be acquired at compelling economics. The combination of favorable lease structures and existing infrastructure creates a meaningful capital and speed-to-market advantage for operators.”
