New York City — A&G Real Estate Partners, real estate advisor to Bed Bath & Beyond Inc., has announced plans to auction hundreds of Bed Bath & Beyond and buybuy BABY leases as part of the company’s bankruptcy proceedings. Pending Court approval of bid procedures, A&G will auction Bed Bath & Beyond store leases located in 48 states and ranging in size from 18,000 to 92,000 square feet and buybuy BABY store leases located in 37 states and ranging in size from 14,000 to 63,000 square feet. Additionally, A&G and JLL Commercial Real Estate plan to market a data center in North Carolina owned by Bed Bath & Beyond, as well as leases for warehouses and distribution centers. According to Mike Matlat, senior managing director with A&G, the company expects to see strong interest, with landlords “among the likeliest bidders.”
A&G to Auction Hundreds of Bed Bath & Beyond and buybuy BABY Leases
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