A&G Real Estate Partners and Hilco Streambank to Sell Earth Fare Store Leases And Intellectual Property Assets
Cision PR Newswire | February 10, 2020
A&G Real Estate Partners (AGREP) and Hilco Streambank today announced that they have been engaged by Earth Fare to market and sell all Earth Fare stores and leases, and its intellectual property, respectively. Earth Fare, the natural and organic grocer, announced liquidation sales at all of its stores on February 3, and filed for chapter 11 of the United States Bankruptcy Code in the District of Delaware on February 4, 2020. Interested parties should contact AGREP immediately, as liquidation sales are expected to conclude no later than February 29, 2020," said Emilio Amendola, Co-President of AGREP. The stores, most of which are about 25,000 square feet (range in size from 17,000 to 38,000 square feet), generally have long lease term available with options. We anticipate strong interest among well-capitalized grocers with forward-looking business models.