A&G Real Estate Partners Presents Unique Retail Opportunities
The retail landscape is evolving, and A&G Real Estate Partners is offering a substantial opportunity for brands to expand. With 59 locations of Saks OFF 5TH and Last Call available for lease, businesses can explore high-traffic outlet malls, lifestyle centers, and tourism hotspots. This strategic move encourages expanding brands in retail to secure premium positions in the market.
Details of the Retail Spaces Available
A&G has announced that it is now inviting offers for 59 store leases, comprising 54 Saks OFF 5TH and five Last Call locations. These stores are scattered across 19 states, which shows an incredible variety of markets where brands can establish themselves. This array of locations affirms A&G's commitment to aiding brands in finding the perfect fit for their retail ventures.
High Traffic Locations
According to Emilio Amendola, Co-President of A&G, these properties average 28,000 square feet, adding up to an impressive 1.7 million square feet of prime retail space. This substantial amount of available space comes at a pivotal moment, as the retail sector faces a tight market. The properties are located in bustling areas, including premier outlet malls and traditional shopping centers, providing brand newcomers an ideal setting to flourish.
Opportunity for Various Brands
Brands specializing in footwear, apparel, accessories, and sporting goods are particularly well-suited for these locations. There is a notable interest from landlords to reclaim these spaces and adapt them for new purposes, revealing a promising trajectory for prospective tenants. Amendola emphasizes the importance of immediate inquiries for interested parties, suggesting that more opportunities may arise soon.
Locations of Available Saks OFF 5TH Stores
Here is the breakdown of the Saks OFF 5TH locations available for leasing:
Arizona (4)
California (9)
Connecticut (2)
Florida (6)
Georgia (2)
Hawaii (2)
Illinois (3)
Massachusetts (2)
Maryland (2)
Minnesota (1)
North Carolina (2)
New Hampshire (1)
New Jersey (3)
Nevada (1)
New York (4)
Ohio (1)
Pennsylvania (1)
South Carolina (2)
Texas (6)
Last Call Locations Available
The Last Call locations poised for lease include:
California (2)
Florida (1)
Texas (2)
Auction and Bid Information
Further details on the auction and bid deadline will follow once the approval process is complete with the relevant bankruptcy court. A&G is keen to keep prospective lessees apprised of these developments and expectations.
Contact Details for Interested Parties
Interested parties looking for further specifics regarding lease terms for each location should reach out directly. You can contact Emilio Amendola at (631) 465-9507 or Mike Matlat at (631) 465-9508 for more insight. Additionally, people seeking information on potential opportunities can contact Erik Potocek at (630) 352-7110.
Frequently Asked Questions
What does A&G Real Estate Partners offer?
A&G Real Estate Partners offers 59 Saks OFF 5TH and Last Call locations for lease, focusing on high-traffic retail spaces.
How large are the available retail spaces?
The average size of the Saks OFF 5TH stores is about 28,000 square feet, contributing to a total of 1.7 million square feet of available space.
Which states have available locations?
The stores are located across 19 states including California, Texas, and Florida, among others.
What types of brands are suitable for these locations?
Footwear, sporting goods, apparel, and off-price fashion brands are particularly well-suited for these spaces.
How can interested parties inquire about these locations?
Interested parties can contact A&G directly for more information and remain informed about the bidding process.
