A&G Realty Partners to manage sale of RadioShack stores, warehouses

Melville, N.Y. -- A&G Realty Partners, a leading commercial real estate, advisory and investment group, has been retained by RadioShack to manage the sale of retail store leases and warehouses following the company's recent Chapter 11 bankruptcy filing.



"The company has done a great job with their real estate and are well positioned in key retail street, strip and mall locations,” said Andy Graiser, A&G co-president. “By taking assignment of leases, retailers have the opportunity to enter new markets and gain access to projects they may have previously been unable to penetrate. The availability of these leases is expected to attract interest from many national and local retailers."



Graiser added that RadioShack store closing sales are expected to move very quickly, with several waves of closures.



“It is important for interested parties to move quickly on submitting offers for leases before the store closes," said Graiser.



A&G Realty is currently accepting bids on the leases, which range from 1,200 to 5,300 sq. ft. and are located in many of the major retail markets in the country, including prestigious locations in NYC, Chicago, Los Angeles, Dallas, Puerto Rico and Miami. For a complete list of stores, click here.