Major Real Estate Auction Features 123 Toys "R" Us and Babies "R" Us Store Properties

AddThis Social Bookmark Button

In a rare opportunity for retailer, landlords and real estate investors, a total of 123 Toys “R” Us and Babies “R” us owned and ground leased properties in 29 states will be auctioned in Manhattan.

Provided that qualified bids exceed a certain threshold on August 7th all properties will be auctioned on August 13-14 in Manhattan.

Advisory and real estate brokerage A&G Realty Partners is conducting the auction and Lazard is acting as investment banker to Toys "R" Us and its affiliated debtors. The deadline for all bids is August 7th.


Beltway Insider: Trump’s Troubled Presidency; Mid-Terms; Greece/CA Wild Fires; Julian Assange; Orca Whale

With stores ranging in size from 20,000 to 65,000 square feet, the assets on offer include 10 locations in California, 18 in Ohio and multiple stores in states such as Illinois, Massachusetts and Pennsylvania.

The two-day auction will begin at 10:00 a.m. on August 13th at the Manhattan offices of debtors' counsel Kirkland & Ellis LLP, 601 Lexington Ave., provided that qualified bids exceed a certain threshold on August 7th.  The properties include Toys "R" Us and Babies "R" Us locations, as well as side-by-side or combined stores featuring both nameplates. Some of the sites are freestanding, while others are located in shopping centers. They include 112 owned and 11 ground-leased properties, according to A&G Realty, which in prior auctions sold more than 130 Toys "R" Us sites.

"This latest auction presents a rare opportunity for buyers to advance their real estate strategies with well located, high-visibility big-box sites that can work for single-users or be subdivided," said Emilio Amendola, Co-President of A&G Realty. "Rarely do these many prime retail properties become available all at once. As with our prior, well-attended auctions for Toys "R" Us sites, we anticipate a robust response to this group of properties."


Business News: Bob Iger and The Magic of Disney Create Lifetime Loyalty

For a full store list as well as information on tours of specific properties, visit AGRealtyPartners.com. To submit bids and/or request additional information, contact Emilio Amendola (This email address is being protected from spambots. You need JavaScript enabled to view it.), Mike Matlat (This email address is being protected from spambots. You need JavaScript enabled to view it.) or Todd Eyler (This email address is being protected from spambots. You need JavaScript enabled to view it.). The main number for A&G Realty's Melville, N.Y.-headquarters is (631) 420-0044.

Haute Tease

  • The Green Inferno Review - A Five Star Bloody Good Time

    AddThis Social Bookmark Button

    The Green Inferno, from Magnolia Pictures, presents a horror film with a plausible intellectual story line taking the viewer on a heightened sensory journey from the concrete canyons of Manhattan to the untouched Peruvian jungles complete with unprecedented fear and shocking depictions.

     
  • Beltway Insider: Ukraine Russia Standoff Continues; G7, European Leaders Issue Statement; U.S. Homelessness Hits High

    AddThis Social Bookmark Button

    President Barack Obama continued to globally make his case to leaders of the G7 for unified and sectoral sanctions in response to Russian President Vladimir Putin's sustained violations of Ukraine territorial sovereignty and threats of prolonged aggression.

     
  • Utah Miracle Baby Survives Car Crash, Sub-Zero Conditions

    AddThis Social Bookmark Button

    Lily Groesbeck is the only survivor of a horrific car crash that killed her mother a sorrowful tragedy that happens all too often and in this accident the survivor, an infant, is being called a miracle baby and her mother an angel who never left her side.

     
  • Malaysian Airliner Disappears Over South China Sea

    AddThis Social Bookmark Button

    Malaysian Airline Flight MH370 carrying 239 passengers and crew members, originating in Kuala Lumpur Malaysia, fell off the radar approximately one hour into the routine flight destined for Beijing, China.

     
  • Celebrity Real Estate News: Nashville Mansion, Formerly Owned by Barbara Mandrell, Available for Solar Eclipse Viewing

    AddThis Social Bookmark Button

    Starting TODAY Booking.com travelers can reserve a room at an incredible Nashville mansion, previously owned by Country Hall of Famer Barbara Mandrell - for a last minute trip to see the eclipse from the path of totality.

     
  • Simply Vietnamese Cooking Review – Easy to Follow Gourmet Recipes

    AddThis Social Bookmark Button

    Simply Vietnamese Cooking, presents more than one hundred delicious recipes, by Vietnamese cooking expert Nancie McDermott, in an easy to read and follow soft bound cookbook, which is the number eleven for the former Peace Corp volunteer.

     
  • Op/Ed: Healthcare is this Year’s Political Football

    AddThis Social Bookmark Button

    Healthcare is the political football of the midterm elections. But unlike the game of football, there are no rules. And the goal is to win – not for the benefit of the team (the voters) but to gain status and power.

     
  • My Cousin Rachel Review – Intriguing, Gripping, A Spellbinding Mystery

    AddThis Social Bookmark Button

    My Cousin Rachel, from Fox Searchlight Pictures and Free Range Films, presents the story of a charming widow, of beguiling beauty, sophisticated grace, whose husband mysteriously dies but not before he sends alarming letters which accuse her of arranging his death.

     
  • Chiu Bill to Audit Backlog of Untested Rape Kits Passes Senate

    AddThis Social Bookmark Button

    A bill by Assemblymember David Chiu (D-San Francisco) to address the backlog of untested sexual assault evidence kits passed the Senate floor today. The measure, AB 3118, will require a statewide audit of all untested rape kits in California.

     
  • Zuzu Still Thinks IT’S A WONDERFUL LIFE: A Conversation with Karolyn Grimes

    AddThis Social Bookmark Button

    Nothing completes the holiday experience more than an extra serving—to go with the booze and candied yams—of Frank Capra’s yule-tide yarn, of IT’S A WONDERFUL LIFE. It’s a picture that can melt even the iciest of hearts and for those of us grown-ups with no self-worth (or money) in December, there’s just something downright conciliatory about it.

     
  • Who Gets What - Ranking The Countries That Receive the Most Foreign Aid From the U.S.

    AddThis Social Bookmark Button

    The United States’ role abroad remains a contentious issue in politics and elections. From the muscular foreign policy efforts, in the modern era of former President Woodrow Wilson ’s to the flabby and soft efforts of the current administration.  

  • SAG Becomes Legal – It’s Party Time

    AddThis Social Bookmark Button

    The Screen Actors Guild awards turns 21 on January 30th and in honor of celebrating its legal drinking age, it’s time to take the SAG’s to a whole new level for that I present a drinking game to help you pass the time.

     
  • The 25 Most-Loved Holiday Movies

    AddThis Social Bookmark Button

    Christmas movies are a mixed bag, offering everything from heartwarming tales to stories about cantankerous characters that aim to spoil the holidays with their plans. This results in a fun set of offerings that is perfect for every taste and any age.  

  • Beltway Insider: Trump/Kim Jong Un Overshadowed, Otto Warmbier, Cohen/Trump, Brexit Implosion, Netanyahu, 2020

    AddThis Social Bookmark Button

    President Trump traveled to Vietnam this week to meet with North Korean leader Kim Jong-un hoping to secure a deal on denuclearization of the Korean Peninsula the singular point behind the highly publicized and criticized summit.

     
  • Maestro Victor Vener And His California Philharmonic Return To Walt Disney Concert Hall For An Awe-Inspiring 11th Season

    AddThis Social Bookmark Button

    Los Angeles  - This is the time of year when the heart of downtown Los Angeles beats a little faster with anticipation of another unforgettable summer season with Maestro Victor Vener and his California Philharmonic at Walt Disney Concert Hall.