NEW YORK, December 15, 2008 — New York-based RCS Real Estate Advisors, the pre-eminent real estate advisory firm to the retail industry, has been retained by BTWW Retail, subject to bankruptcy approval, to provide property/lease disposition services. RCS Real Estate Advisors Senior Vice President Spence J.Mehl made the announcement.
BTWW Retail has hired RCS Real Estate Advisors to develop and implement a comprehensive marketing plan to dispose of 78 leases located throughout Arizona, Colorado, Georgia, Idaho, Montana, North Dakota, Nebraska, New Mexico, Nevada, Ohio, Oklahoma, Oregon, South Dakota, Texas, Washington and Wisconsin. The locations vary in size from just over 4,200 square feet to 53,000 square feet.
Anyone interested in these locations should contact RCS Real Estate Advisors Senior Vice President Spence Mehl at 212-239-1100 x221, [email protected] or Vice President Warren Kiersh at 212-239-1100 x212, [email protected].
RCS Real Estate Advisors provides innovative solutions that unlock the potential of retail real estate assets for clients across the United States. Founded in 1981, the firm operates through a unique mix of three practice areas—Growth and Development, Restructuring and Portfolio Optimization, and Investment Advisory and Participation—offering services that include expansions, rent renegotiations, dispositions and equity investments.
Prior to their bankruptcy filing, BTWW Retail owned and operated more than 130 western, equine and workwear stores throughout the United States under the Corral West Ranchwear, Western Warehouse, Sergeant’s Western World, BootTown, JobSite and Work Wear Depot brands. BTWW Retail also operates e-commerce Web portals and utilizes direct-to-consumer print to facilitate the customer’s ability to shop its brands.