Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
MidwestRetail

Bon-Ton stores in the Midwest heading for auction

August 18, 2018
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Real estate advisory and brokerage firm A&G Realty Partners will auction seven department store properties formerly owned by The Bon-Ton Stores, Inc., today in Chicago. The auction includes properties in six states.

With stores ranging in size from 46,000 to 150,000 square feet, the available assets include two locations in Michigan as well as properties in Illinois, New York, Indiana, Ohio and Pennsylvania. They were formerly operated under the Carson’s, Younkers, Elder-Beerman and Bon-Ton banners.

The bankruptcy auction will begin at 10 a.m. on Sept. 20 at the Chicago offices of debtors’ counsel Jones Day LLP, 77 West Wacker Drive.

Available at auction are:

• the Carson’s at Spring Hill Mall in West Dundee, Ill. (128,000 square feet);

• the downtown Richmond, Ind., Elder-Beerman (100,000 square feet);

• the Younkers at RiverTown Crossings in Grandville, Mich. (150,018 square feet);

• the Younkers at The Lakes Mall in Muskegon, Mich. (106,131 square feet);

• the Bon-Ton at Lockport (N.Y.) Mall (82,000 square feet);

• the Elder-Beerman at Colony Square Mall in Zanesville, Ohio (58,997 square feet); and

• the Bon-Ton at Lewistown (Penn.) Mall (46,660 square feet)

This past May, A&G was retained to dispose all real estate assets of The Bon-Ton Stores, Inc., on behalf of a joint venture between Great American Group, LLC (a subsidiary of B. Riley Financial, Inc.), Tiger Capital Group, LLC and Bon-Ton’s second lien noteholders. The joint venture is currently concluding the liquidation of all merchandise inventories, store fixtures and other non-real estate assets.

 

 

Tags
bon-ton storesChicagoIllinoisIndianaMichiganOhioretailyounkers
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisMultifamily

Kiser Group announces closing of historic Morgan Park property

September 28, 2023
TexasMultifamily

SPI Advisory enters New Braunfels submarket with 164-unit acquisition

September 28, 2023
IllinoisMultifamily

Marcus & Millichap arranges sale of 17-unit apartment building in Evergreen Park

September 28, 2023
IllinoisIndustrial

PREMIER Design + Build Group breaks ground in Chicagoland to expand manufacturing facility for Sumitomo Drive Technologies 

September 28, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com