Julius M. Feinblum Real Estate Inc., announced that it has been appointed to market selected store leases during the Chapter 11 Bankruptcy of RoomStore.
RoomStore, which filed for Chapter 11 on, December 16th, 2011, has begun to liquidate real estate leases. Julius M. Feinblum Real Estate, Inc., America’s Largest Real estate Consultants to the Furniture and Bedding Industry, has been selected to manage the real estate disposition project for the Company. It will implement a comprehensive marketing plan with a goal of maximizing the value of the selected lease portfolio, which will benefit the Chapter 11 Estates. Subject to Bankruptcy Court Approval, for the sale of 22 Leases located in TX, MD, VA, PA and FL with sizes ranging from 22,000 – 140,000 square feet. Bids for these locations are due immediately. A list of available properties can be seen at http://www.furniturerealestate.com/component/content/article/53.html
About RoomStore: RoomStore is one of the Nation’s top Furniture Retailers that offer a large selection of popular priced furniture and bedding. They have over 40 stores in VA, MD, TX after the disposition of these selected locations. RoomStore has been in business over 25 years, originally founded by several members of the Levitz Family and then a division of Heilig-Meyers.
About Julius M. Feinblum Real Estate: Julius M. Feinblum Real Estate Inc. has been in business over 25 years nationally advising, retailers, factories and Investment Groups on their retail real estate for the bedding and furniture Industry. The Firm has affiliates in FL, TX and CA and is headquartered in Long Island, New York. Julius M. Feinblum can be reached at 1-800-791-8936 or via email at jmfrealty@aol.com. Visit www.furniturerealestate.com for more information.