A&G Realty Partners to manage sale of Delia’s remaining store leases, DC

Melville, N.Y. -- A&G Realty Partners has been retained by Delia’s Inc. to manage the sale of the 71 retail store leases following the company’s recent Chapter 11 bankruptcy filing.



A&G Realty is currently accepting bids thru February 2, 2015 to acquire the leases, which range from 3,000 sq. ft. to 5,000 sq. ft. in key retail locations at some of the country’s top malls.



“The leases are located in very strong malls/centers and provide an excellent opportunity for expansion,” said Mike Matlat, managing director of A&G Realty Partners. “Retailers have the opportunity to take over the leases by assignment. These leases are exceptional retail opportunities and are expected to attract interest from many national and local retailers.”




Also being sold is Delia’s 435,765 sq. ft. distribution center in Hanover, Pennsylvania.



“The building has already drawn significant interest and is expected to be sold quickly,” said Matlat.