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Exclusives
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ExclusivesExcess Space Disposition, Inc. (516-365-6400) has been approved by the U.S. Bankruptcy Court to evaluate the lease and fee-based property of The Grand Union Company. The 197 stores range from 13,000 sq.ft. to 60,000 sq.ft. and are located in CT, NJ, NY, VT, GA, TX and TN.
DJM Asset Management (631-752-1100) has been approved by the US Bankruptcy Court as real estate advisor for the disposal of Weiner’s leases in TX, LA and AR. There are 39 leases being marketed (19 in TX, 16 in LA and four in AR).
Island Associates Real Estate Inc. (631-587-5050) has been awarded exclusive listing agent for Holbrook Commons in Holbrook, NY. The 38,000 sq.ft. center is anchored by CVS and is located at the intersection of Patchogue Holbrook Road and Union Avenue.
The Ozer Group (781-707-4200) has been approved by the US Bankruptcy Court in Fort Worth, TX to handle the sale of the Nevada Bob’s 82 corporate locations. The company brokered the sale of 17 units in CA, KY and WA to Tri-Capital Ventures of TX. Another 19 stores in CA, IL and AZ have been sold to New Golf Holding Company. The sale included the right to use the Nevada Bob trade name. Nevada Bob’s is moving into franchising as part of its bankruptcy settlement.
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