A&G Realty Partners, a leading commercial real estate, advisory and investment group, today announced that it has been retained by Delia’s Inc. to manage the sale of the 71 retail store leases and the fee owned 435,765 sf Distribution Center in Hanover, PA, following the company’s recent Chapter 11 bankruptcy filing.
A&G Realty is currently accepting bids thru February 2, 2015 to acquire the leases, which range from 3,000 to 5,000 square feet in key retail locations at some of the country’s top malls (see attached full store listing).
“The leases are located in very strong malls/centers and provide an excellent opportunity for expansion,” said Mike Matlat, Managing Director of A&G Realty Partners. “Retailers have the opportunity to take over the leases by assignment. These leases are exceptional retail opportunities and are expected to attract interest from many national and local retailers.”
Also being sold is “The Owned Distribution Center, located at 348-350 Poplar Street, Hanover, PA which is within 5 miles of Route 30, the primary east/west highway through York County. The Distribution Center is 435,765 sf (3 buildings) sitting on 24.93 acres. The building has already drawn significant interest and is expected to be sold quickly” said Matlat.
About A&G Realty Partners
A&G Realty Partners specializes in real estate dispositions, lease restructurings, facilitating growth opportunities, valuations and acquisitions. A&G Realty has serviced the nation's most recognizable retail brands in healthy and distressed situations. A&G Realty is a leader in finding innovative ways to consolidate and reconfigure real estate to achieve the highest possible value. A&G Realty was founded in 2012 and headquartered in New York with offices in Chicago and Los Angeles. For more information, please visit www.agrealtypartners.com.
| Mall | Space # | City | State | Sq Ft | Lease Expiration | Base Rent PSF | |||||||||||||||||
| ALABAMA | |||||||||||||||||||||||
| Riverchase Galleria | Space 276A | Hoover | AL | 3,460 | 12/31/2015 | $37.32 | |||||||||||||||||
| CONNECTICUT | |||||||||||||||||||||||
| The Shoppes at Buckland Hills | Space 1150 | Manchester | CT | 3,604 | 4/30/2017 | $31.00 | |||||||||||||||||
| Connecticut Post | Space 2424 | Milford | CT | 3,757 | 6/30/2016 | $39.55 | |||||||||||||||||
| DELAWARE | |||||||||||||||||||||||
| Christiana Mall | Newark | DE | 3,978 | 1/31/2020 | $86.54 | ||||||||||||||||||
| FLORIDA | |||||||||||||||||||||||
| The Avenues | Space 2125 | Jacksonville | FL | 3,454 | 1/31/2018 | $45.31 | |||||||||||||||||
| Coconut Point | Space W13 | Estero | FL | 3,603 | 1/31/2018 | $12.21 | |||||||||||||||||
| Sarasota Square | Space A-19 | Sarasota | FL | 3,602 | 1/31/2017 | $29.32 | |||||||||||||||||
| GEORGIA | |||||||||||||||||||||||
| North Point | Alpharetta | GA | 3,736 | 9/30/2021 | $24.39 | ||||||||||||||||||
| The Town Center at Cobb | Space 166 | Kennesaw | GA | 3,369 | 1/31/2017 | $57.00 | |||||||||||||||||
| Mall of Georgia | Space 1031 | Buford | GA | 3,288 | 4/30/2025 | Call for Details | |||||||||||||||||
| IOWA | |||||||||||||||||||||||
| Jordan Creek Town Center | Space 12565 | West Des Moines | IA | 3,987 | 1/31/2017 | $29.99 | |||||||||||||||||
| ILLINOIS | |||||||||||||||||||||||
| Yorktown Center | Lombard | IL | 3,961 | 1/31/2019 | $30.00 | ||||||||||||||||||
| Woodfield Shopping Center | Space L301 | Schaumburg | IL | 3,055 | 1/31/2021 | $67.53 | |||||||||||||||||
| Hawthorn Center | Space 304 | Vernon Hills | IL | 5,047 | 1/31/2020 | Call for Details | |||||||||||||||||
| INDIANA | |||||||||||||||||||||||
| Clay Terrace | Space 100 | Carmel | IN | 4,055 | 1/31/2017 | $35.71 | |||||||||||||||||
| Southlake 2 | Unit # DO-408 | Merrillville | IN | 3,955 | 1/31/2018 | $42.94 | |||||||||||||||||
| LOUISIANA | |||||||||||||||||||||||
| Mall of Louisiana | Space 1104 | Baton Rouge | LA | 3,456 | 5/31/2019 | $38.32 | |||||||||||||||||
| MASSACHUSETTS | |||||||||||||||||||||||
| Natick Mall | Space 2146 | Natick | MA | 3,729 | 6/30/2017 | $74.62 | |||||||||||||||||
| Holyoke Mall | Space H208 | Holyoke | MA | 3,800 | 8/4/2016 | $44.21 | |||||||||||||||||
| Emerald Square | Space 144 | North Attleboro | MA | 3,817 | 1/31/2018 | $34.18 | |||||||||||||||||
| Burlington Mall | Space 1025B | Burlington | MA | 4,066 | 8/31/2018 | $70.12 | |||||||||||||||||
| Northshore Mall | Space W108A | Peabody | MA | 3,901 | 6/30/2019 | $61.44 | |||||||||||||||||
| South Shore Plaza | Space 2047A | Braintree | MA | 4,082 | 1/31/2020 | $51.96 | |||||||||||||||||
| MARYLAND | |||||||||||||||||||||||
| The Mall in Columbia | Space 2610 | Columbia | MD | 3,421 | 3/31/2018 | $59.68 | |||||||||||||||||
| Towson Town Center | Space 1045 | Towson | MD | 4,326 | 4/30/2018 | $54.75 | |||||||||||||||||
| Annapolis Mall | Annapolis | MD | 4,134 | 6/30/2016 | $54.00 | ||||||||||||||||||
| MAINE | |||||||||||||||||||||||
| The Maine Mall | Space S171 | South Portland | ME | 3,733 | 7/17/2019 | $38.93 | |||||||||||||||||
| MICHIGAN | |||||||||||||||||||||||
| RiverTown Crossing | Space 1144 | Grandville | MI | 4,273 | 5/11/2020 | $23.40 | |||||||||||||||||
| Mall at Partridge Creek | Space 147 | Clinton Township | MI | 3,593 | 10/17/2017 | $36.08 | |||||||||||||||||
| MINNESOTA | |||||||||||||||||||||||
| Mall of America | Bloomington | MN | 4,292 | 1/31/2016 | $56.19 | ||||||||||||||||||
| MISSOURI | |||||||||||||||||||||||
| Chesterfield Mall | Space 156 | Chesterfield | MO | 3,756 | 1/31/2018 | $26.62 | |||||||||||||||||
| NEW HAMPSHIRE | |||||||||||||||||||||||
| Pheasant Lane Mall | Space E211B | Nashua | NH | 4,018 | 1/31/2017 | $41.93 | |||||||||||||||||
| The Mall at Rockingham | Space W245 | Salem | NH | 3,397 | 1/31/2020 | $46.37 | |||||||||||||||||
| NORTH CAROLINA | |||||||||||||||||||||||
| Hanes Mall | Space 416 | Winston-Salem | NC | 4,205 | 6/30/2016 | $33.00 | |||||||||||||||||
| NEW JERSEY | |||||||||||||||||||||||
| Willowbrook Mall | Wayne | NJ | 3,818 | 4/30/2018 | $40.90 | ||||||||||||||||||
| Bridgewater Commons | Space 3395 | Bridgewater | NJ | 2,610 | 3/31/2024 | $66.05 | |||||||||||||||||
| Hamilton Mall | Suite 2042A | Mays Landing | NJ | 3,318 | 10/31/2015 | $30.17 | |||||||||||||||||
| Deptford Mall | Suite 2066 | Deptford | NJ | 3,661 | 8/31/2015 | $41.00 | |||||||||||||||||
| Livingston Mall | Space 1021A | Livingston | NJ | 3,600 | 1/31/2020 | $30.91 | |||||||||||||||||
| Rockaway Town Square | Space 2093A | Rockaway | NJ | 3,422 | 1/31/2021 | $36.02 | |||||||||||||||||
| Menlo Park Mall | Suite 1540B | Edison | NJ | 4,057 | 1/31/2024 | $50.00 | |||||||||||||||||
| Garden State Plaza | Space 1037 | Paramus | NJ | 4,761 | 6/30/2020 | $63.67 | |||||||||||||||||
| NEW YORK | |||||||||||||||||||||||
| Staten Island Mall | Space 2165 | Staten Island | NY | 3,918 | 7/31/2016 | $38.00 | |||||||||||||||||
| Walden Galleria | Space TH102 | Cheektowaga | NY | 3,913 | 4/30/2015 | $38.33 | |||||||||||||||||
| Crossgates Mall | Space B-105 | Albany | NY | 3,500 | 1/31/2023 | $39.00 | |||||||||||||||||
| Roosevelt Field Mall | Space 1034 | Garden City | NY | 3,953 | 1/31/2020 | $79.84 | |||||||||||||||||
| Smith Haven Mall | Space D03B | Lake Grove | NY | 4,086 | 1/31/2020 | $55.65 | |||||||||||||||||
| The Westchester | Suite 3060 | White Plains | NY | 4,352 | 1/31/2021 | $66.65 | |||||||||||||||||
| Marketplace Mall | Space A-10 | Rochester | NY | 4,000 | 7/31/2016 | Call for Details | |||||||||||||||||
| Palisades Center | Space C201 | West Nyack | NY | 4,251 | 11/17/2016 | $52.84 | |||||||||||||||||
| OHIO | |||||||||||||||||||||||
| Beachwood Place | Space 2095 | Beachwood | OH | 3,631 | 4/30/2018 | $37.56 | |||||||||||||||||
| Polaris Fashion Place | Space 2178 | Columbus | OH | 4,220 | 6/30/2017 | $31.87 | |||||||||||||||||
| Easton Town Center | Space C-102 | Columbus | OH | 3,500 | 1/31/2021 | $65.56 | |||||||||||||||||
| South Park Center | Strongsville | OH | 4,039 | 1/31/2018 | $34.91 | ||||||||||||||||||
| PENNSYLVANIA | |||||||||||||||||||||||
| Montgomery Mall | North Wales | PA | 3,950 | 7/31/2018 | $34.00 | ||||||||||||||||||
| The Plaza at King of Prussia | Suite 1307 | King of Prussia | PA | 3,936 | 1/31/2020 | $64.95 | |||||||||||||||||
| Lehigh Valley Mall | Space 2036B | Whitehall | PA | 3,316 | 5/31/2023 | $39.97 | |||||||||||||||||
| RHODE ISLAND | |||||||||||||||||||||||
| Providence Place | Space 5080 | Providence | RI | 3,730 | 1/31/2023 | $37.91 | |||||||||||||||||
| TENNESSEE | |||||||||||||||||||||||
| The Avenue Carriage Crossing | Suite 626 | Collierville | TN | 4,000 | 1/31/2017 | $29.00 | |||||||||||||||||
| The Avenue Murfreesboro | Suite 1360 | Murfreesboro | TN | 3,800 | 1/31/2018 | Call for Details | |||||||||||||||||
| Wolfchase Galleria | Space 2210 | Memphis | TN | 3,372 | 5/31/2017 | $21.00 | |||||||||||||||||
| West Town Mall | Space 1098A | Knoxville | TN | 3,672 | 1/31/2020 | $36.43 | |||||||||||||||||
| TEXAS | |||||||||||||||||||||||
| NorthPark Center | Suite 2104 | Dallas | TX | 4,550 | 4/30/2016 | $59.71 | |||||||||||||||||
| Firewheel Town Center | Space L01 | Garland | TX | 3,950 | 1/31/2017 | $30.00 | |||||||||||||||||
| Lakeline Mall | Space C01 | Cedar Park | TX | 4,100 | 1/31/2018 | $29.66 | |||||||||||||||||
| La Plaza Mall | Space F15A | McAllen | TX | 4,921 | 1/31/2020 | $47.77 | |||||||||||||||||
| The Shops at Willowbend | Space A-113 | Plano | TX | 3,647 | 5/31/2016 | $24.09 | |||||||||||||||||
| Southlake Town Square | Southlake | TX | 3,542 | 4/30/2016 | $32.58 | ||||||||||||||||||
| The Shops at Highland Village | Suite 150 | Highland Village | TX | 3,600 | 9/30/2017 | Call for Details | |||||||||||||||||
| VIRGINIA | |||||||||||||||||||||||
| Short Pump Town Center | Suite 2032 | Richmond | VA | 3,706 | 1/31/2016 | $37.00 | |||||||||||||||||
| WEST VIRGINIA | |||||||||||||||||||||||
| Charleston Town Center | Space 2015 | Charleston | WV | 4,121 | 4/30/2017 | $29.80 | |||||||||||||||||
