A&G Announces Plan to Sell 296 Big Lots, Inc. Store Leases in Connection With Retailer's Restructuring and Sale Process
A&G Announces Plan to Sell 296 Big Lots, Inc. Store Leases in Connection With Retailer's Restructuring and Sale Process
-- Initial offering to consist of store leases across 37 states.
-首次发行包括37个州的门店租赁。
-- Additional lease and property dispositions to follow subject to Court approval.
--在获得法院批准后,将进行额外的租赁和财产处置。
COLUMBUS, Ohio, Sept. 12, 2024 /PRNewswire/ -- A&G Real Estate Partners today announced plans to market 296 Big Lots, Inc. (the "Company") store leases for sale across the United States.
俄亥俄州哥伦布市,2024年9月12日 /PRNewswire/ — A&G Real Estate Partners今天宣布计划在美国各地销售296份Big Lots, Inc.(“公司”)门店租约。
Big Lots, which operates more than 1,300 stores across 48 states, initiated voluntary Chapter 11 proceedings on September 9, 2024, to facilitate a sale of substantially all of the Company's assets and business operations to an affiliate of Nexus Capital Management LP. On September 10, as part of its "first-day hearing," Big Lots received Court authorization to commence a sale process for 144 store leases (the "Initial Leases"). In the coming weeks, Big Lots will seek Court approval of procedures to commence a sale process for 152 additional store leases (the "Additional Leases").
在48个州经营1300多家门店的Big Lots于2024年9月9日启动了第11章自愿程序,以促进将公司的几乎所有资产和业务业务出售给Nexus Capital Management LP的子公司。9月10日,作为 “首日听证会” 的一部分,Big Lots获得了法院的授权,开始了144份门店租约(“初始租约”)的出售程序。在接下来的几周内,Big Lots将寻求法院批准程序,启动另外152份门店租约(“额外租约”)的出售程序。
The bid deadline for the auction process regarding the Initial Leases, which range in size from 18,000 to 58,400 square feet, is currently Monday, September 16, at 5:00 p.m. Eastern Time. The bid deadline for the Additional Leases will be announced upon receiving Court approval to commence that sale process.
初始租约(面积从18,000到58,400平方英尺不等)拍卖过程的竞标截止日期目前为美国东部时间9月16日星期一下午5点。额外租约的投标截止日期将在获得法院批准以启动销售程序后宣布。
"On behalf of the Company, A&G is currently engaged in nationwide lease-restructuring negotiations for Big Lots locations that have the greatest likelihood of serving customers going forward," said A&G Co-President Andy Graiser. "As the Company proceeds to facilitate the sale transaction with Nexus, it will continue to assess its real estate portfolio, closing additional stores as needed to achieve its goals."
A&G联席总裁安迪·格雷泽表示:“A&G目前正在代表公司就未来最有可能为客户提供服务的Big Lots地点进行全国性的租赁重组谈判。”“随着公司继续促进与Nexus的销售交易,它将继续评估其房地产投资组合,根据需要关闭更多门店以实现其目标。”
"These locations are in desirable, strategically positioned shopping centers and markets across the United States," said A&G Co-President Emilio Amendola. "At a time when retail occupancies are the tightest in recent memory, the availability of these leases presents an incredible opportunity."
A&G联席总裁埃米利奥·阿门多拉说:“这些地点位于美国各地理想的、战略位置优越的购物中心和市场中。”“在近年来零售占地面积最紧张的时候,这些租约的可用性提供了一个难得的机会。”
The Initial Leases are located in the following 28 states:
初始租约位于以下 28 个州:
- Alabama (1 store)
- Arizona (13)
- California (55)
- Colorado (4)
- Connecticut (3)
- Florida (11)
- Georgia (2)
- Illinois (3)
- Indiana (2)
- Kansas (1)
- Louisiana (2)
- Maryland (3)
- Massachusetts (1)
- Michigan (4)
- Minnesota (1)
- Missouri (3)
- Montana (1)
- New York (3)
- North Carolina (1)
- Oregon (2)
- Pennsylvania (2)
- South Carolina (3)
- South Dakota (1)
- Utah (2)
- Vermont (1)
- Virginia (2)
- Washington (12)
- Wisconsin (5)
- 阿拉巴马州 (1 家门店)
- 亚利桑那州 (13)
- 加利福尼亚州 (55)
- 科罗拉多州 (4)
- 康涅狄格州 (3)
- 佛罗里达州 (11)
- 格鲁吉亚 (2)
- 伊利诺伊州 (3)
- 印第安纳州 (2)
- 堪萨斯州 (1)
- 路易斯安那州 (2)
- 马里兰州 (3)
- 马萨诸塞州 (1)
- 密歇根州 (4)
- 明尼苏达州 (1)
- 密苏里州 (3)
- 蒙大拿州 (1)
- 纽约 (3)
- 北卡罗来纳州 (1)
- 俄勒冈州 (2)
- 宾夕法尼亚州 (2)
- 南卡罗来纳州 (3)
- 南达科他州 (1)
- 犹他州 (2)
- 佛蒙特州 (1)
- 弗吉尼亚州 (2)
- 华盛顿州 (12)
- 威斯康星州 (5)
The Additional Leases are located in the following 34 states:
额外租约位于以下 34 个州:
- Alabama (4 stores)
- Arizona (8)
- Arkansas (1)
- California (20)
- Colorado (4)
- Connecticut (6)
- Florida (15)
- Georgia (6)
- Illinois (6)
- Indiana (3)
- Kansas (1)
- Kentucky (3)
- Louisiana (2)
- Maine (1)
- Maryland (2)
- Massachusetts (4)
- Michigan (7)
- Missouri (3)
- Montana (1)
- Nevada (1)
- New Hampshire (1)
- New Jersey (1)
- New York (7)
- North Carolina (6)
- Ohio (8)
- Oregon (6)
- Pennsylvania (4)
- Tennessee (3)
- Utah (2)
- Vermont (1)
- Virginia (6)
- Washington (6)
- Wisconsin (2)
- Wyoming (1)
- 阿拉巴马州 (4 家门店)
- 亚利桑那州 (8)
- 阿肯色州 (1)
- 加利福尼亚州 (20)
- 科罗拉多州 (4)
- 康涅狄格州 (6)
- 佛罗里达州 (15)
- 格鲁吉亚 (6)
- 伊利诺伊州 (6)
- 印第安纳州 (3)
- 堪萨斯州 (1)
- 肯塔基州 (3)
- 路易斯安那州 (2)
- 缅因州 (1)
- 马里兰州 (2)
- 马萨诸塞州 (4)
- 密歇根州 (7)
- 密苏里州 (3)
- 蒙大拿州 (1)
- 内华达州 (1)
- 新罕布什尔州 (1)
- 新泽西州 (1)
- 纽约 (7)
- 北卡罗来纳州 (6)
- 俄亥俄州 (8)
- 俄勒冈州 (6)
- 宾夕法尼亚州 (4)
- 田纳西州 (3)
- 犹他州 (2)
- 佛蒙特州 (1)
- 弗吉尼亚州 (6)
- 华盛顿 (6)
- 威斯康星州 (2)
- 怀俄明州 (1)
For additional details, visit and/or contact Mike Matlat, (631) 465-9508, [email protected], or Todd Eyler, (914) 325-1602, [email protected].
欲了解更多详情,请访问和/或联系迈克·马特拉特(631)465-9508,[email protected],或托德·艾勒,(914)325-1602,[email protected]。
Media Contacts: At Jaffe Communications, Elisa Krantz, (908) 789-0700, [email protected]
媒体联系人: 在 Jaffe Communications,Elisa Krantz,(908) 789-0700,[email protected]
SOURCE A&G Real Estate Partners
来源 A&G 房地产合作伙伴