Advance Auto Parts retained Gordon Brothers, the global asset experts, to provide surplus disposition services for 83 owned and leased sites across 38 states.
The automotive aftermarket parts provider is divesting these non-core assets as the company focuses on its go forward growth strategy.
“We are excited to work with such a great partner and assist the exceptional in-house real estate team at Advance Auto Parts as they right size their portfolio for the future,” Michael Burden, co-head of North America real estate services at Gordon Brothers, said. “This portfolio of properties offers a fantastic opportunity for growth-minded retailers who are looking to expand their portfolio in a strategic manner.”
The available properties provide access to established and growing retail trade areas, with spaces ranging from 4,000 to 16,000 square feet.
