GA Keen Realty Advisors, a division of Great American Group L.L.C., a provider of asset disposition, valuation and appraisal services, has been retained to assist in the marketing and disposition of leased properties and one fee-owned retail site previously operated by Robb & Stucky – a high-end furniture company that filed for bankruptcy earlier this year.
GA Keen Realty Advisors provides real estate analysis, valuation and strategic planning services, brokerage, M&A, auction services, lease restructuring services and real estate capital market services.
GA Keen Realty Advisors is marketing a total of 24 sites. The majority of the lease-held former retail properties, which range in size from 5,000 square feet to 324,000 square feet, are located in Florida, with others in Arizona, North Carolina, Nevada and Texas.
GA Keen Realty Advisors also is marketing a fee-owned property, located on South Tamiami Trail in Bonita Springs, Florida, which includes a 34,524-square-foot building on a two-acre site that offers an excellent opportunity for users, developers or investors.
“We expect some strong interest among other retail companies that are expanding and looking for space similar in size to these vacated properties,” said Matthew Bordwin, Co-President of GA Keen Realty Advisors. “Also, given the variation of showrooms and retail outlets Robb & Stucky operated, there is a wide variety of retail space to choose from.”
Battered by a weak housing market since 2007, Robb & Stucky filed for bankruptcy reorganization in U.S. District Court in Tampa on February 18 to stabilize its operations and sell its assets. Based in Fort Myers, Florida, the 96-year-old furniture store was one of the nation's top 100 furniture companies.
For more information about the former Robb & Stucky properties, contact GA Keen Realty Advisors at (646) 381-9222 or via email at mbordwin@greatamerican.com.
About Great American Group: Great American Group, L.L.C. is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Chicago, Dallas, London, Los Angeles, New York and San Francisco.
For more information, contact (818) 884-3737 or visit www.greatamerican.com.