Toys ‘R’ Us moves to sell 284 properties
Toys “R” Us has hired a firm to help maximize the value of the properties it is selling.
The bankrupt toy retailer announced that its subsidiary, Toys "R" Us Property Company I (Propco), has hired private real estate investment and retail advisory firm Raider Hill Advisors to lead Propco’s efforts to maximize the value of the portfolios of Propco I and its subsidiaries. The portfolio includes approximately 284 properties in 46 states totaling 14.5 million sq. ft. The properties are made up of former Toys "R" Us and Babies "R" Us stores, distribution centers, the retailer’s corporate headquarters in Wayne, N.J., and surplus retail properties ancillary to the former store locations.
The full list of the properties is below.
The bankrupt toy retailer announced that its subsidiary, Toys "R" Us Property Company I (Propco), has hired private real estate investment and retail advisory firm Raider Hill Advisors to lead Propco’s efforts to maximize the value of the portfolios of Propco I and its subsidiaries. The portfolio includes approximately 284 properties in 46 states totaling 14.5 million sq. ft. The properties are made up of former Toys "R" Us and Babies "R" Us stores, distribution centers, the retailer’s corporate headquarters in Wayne, N.J., and surplus retail properties ancillary to the former store locations.
The full list of the properties is below.
| Property | Store | Additional | |||||
| Store | Chain | Type | Address | City | ST | GLA | GLA |
| 8017 | SBS | Owned | 8600 King St. | Anchorage | AK | 57,508 | - |
| 5640 | TRU | Owned | 4525 North Oracle Rd. | Tucson | AZ | 45,175 | - |
| 5664 | TRU | Owned | 7430 W. Bell Rd. | Glendale | AZ | 31,020 | - |
| 5663 | TRU | Owned | 801 W. 32nd Street | Yuma | AZ | 22,437 | - |
| 5615 | TRU | Owned | 1335 West Avenue K | Lancaster | CA | 52,348 | 55,751 |
| 5681 | SBS | Owned | 11460 Porter Ranch Dr. | Porter Ranch | CA | 47,591 | - |
| 5845 | SBS | Owned | 2270 Bridgepoint Pkw. | San Mateo | CA | 47,579 | - |
| 5692 | BRU | Owned | 7370 N. Blackstone Ave. | Pinedale | CA | 37,506 | 10,000 |
| 5613 | TRU | Owned | 2975 Johnson Drive | Ventura | CA | 46,748 | - |
| 5824 | TRU | Owned | 1919 East 20th St. | Chico | CA | 45,947 | - |
| 5841 | TRU | Owned | 1425 Shaw Ave. | Clovis | CA | 45,771 | - |
| 5650 | SBS | Owned | 14705 Oceangate Ave. | Hawthorne | CA | 45,460 | - |
| 5619 | SBS | Owned | 12450 Amargosa Rd. | Victorville | CA | 45,460 | - |
| 5636 | SBS | Owned | 1411 S. Bradley | Santa Maria | CA | 45,453 | - |
| 5842 | TRU | Owned | 6780 Stanford Ranch Rd. | Roseville | CA | 45,040 | - |
| 5605 | SBS | Owned | 3792 Ming Ave. | Bakersfield | CA | 44,208 | - |
| 5820 | TRU | Owned | 370 Northridge Center | Salinas | CA | 43,291 | - |
| 6549 | BRU | Owned | 1400 Gateway Blvd | Fairfield | CA | 42,862 | - |
| 6558 | BRU | Owned | 775 Serramonte Blvd | Colma | CA | 38,087 | - |
| 5815 | TRU | Owned | 2705 Santa Rosa Ave. | Santa Rosa | CA | 38,017 | - |
| 5627 | TRU | Owned | 2425 Vista Way | Oceanside | CA | 35,819 | - |
| 5684 | TRU | Owned | 2800 S. Mooney Blvd. | Visalia | CA | 31,101 | - |
| 9529 | TRU | Owned | 3730 N. Citadel Dr. | Colorado Springs | CO | 47,075 | - |
| 9575 | BRU | Owned | 3555 Citadel Dr S. | Colorado Springs | CO | 31,790 | - |
| 7515 | TRU | Owned | 5 Dayton Road | Waterford | CT | 46,702 | - |
| 8731 | TRU | Owned | 512 Cortez Rd. West | Bradenton | FL | 45,183 | 8,711 |
| 8747 | TRU | Owned | 809 East 23rd St. | Panama City | FL | 30,766 | 20,510 |
| 8718 | SBS | Owned | 2455 International Speedway Blvd. | Daytona Beach | FL | 46,696 | - |
| 8737 | TRU | Owned | 6233 Tacoma Dr. | Port Richey | FL | 45,707 | - |
| 8738 | TRU | Owned | 2800 S.W. College Rd. | Ocala | FL | 45,453 | - |
| 8740 | TRU | Owned | 1275 W. New Haven Ave. | Melbourne | FL | 45,453 | - |
| 8734 | TRU | Owned | 3770 U.S. 98 North | Lakeland | FL | 27,918 | 17,454 |
| 8736 | TRU | Owned | 3550 N. Federal Hwy. | Jensen Beach | FL | 45,183 | - |
| 8744 | TRU | Owned | 330 Brandon Town Center Blvd. | Brandon | FL | 44,900 | - |
| 8707 | SBS | Owned | 1645 N.W. 107th Ave. | Miami | FL | 44,216 | - |
| 8724 | TRU | Owned | 350 E. Altamonte Dr | Altamonte Springs | FL | 43,767 | - |
| 8728 | TRU | Owned | 26286 US 19 North | Clearwater | FL | 43,767 | - |
| 8708 | SBS | Owned | 19525 So. Dixie Highway | Cutler Ridge | FL | 39,548 | - |
| 8716 | TRU | Owned | 601 N. Congress Ave. | Boynton Beach | FL | 36,862 | - |
| 8712 | TRU | Owned | 3195 PGA Blvd. | Palm Beach Gardens | FL | 36,756 | - |
| 8749 | TRU | Owned | 5305 Airport Pulling Rd. | Naples | FL | 30,927 | - |
| 8847 | TRU | Owned | 7731 N. Point Pkwy. | Alpharetta | GA | 44,945 | 15,352 |
| 8853 | TRU | Owned | 9365 The Landing Dr. | Douglasville | GA | 49,286 | - |
| 8754 | SBS | Owned | 7400 Abercorn St. | Savannah | GA | 45,981 | - |
| 8814 | TRU | Owned | 3424 Wrightsboro Rd. | Augusta | GA | 42,654 | - |