A&G Realty Partners To Dispose all of the Real Estate for Bon-Ton Stores

MELVILLE, N.Y., May 8, 2018 /PRNewswire/ -- A&G Realty Partners has been retained to dispose all of the 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 acquired the retailer`s assets on April 18 after submitting the winning bid to the U.S. Bankruptcy Court for the District of Delaware.

Bon-Ton`s retail real estate assets include 22 fee-owned properties, seven ground leases and 194 leased locations with a significant amount of remaining term. "These stores are located in well-performing regional markets," said A&G Co-President Andy Graiser. "The availability of these locations creates a wide range of possibilities for expanding retail chains, as well as developers across the entire real estate spectrum. Opportunities range from traffic-driving stores, food halls and entertainment venues, to healthcare, residential, education and other non-retail uses."..