NEW YORK, May 29, 2014 /PRNewswire/ -- GA Keen Realty Advisors, the real estate division of Great American Group, Inc. (GAMR), has been retained, subject to bankruptcy court approval, by women's clothing retailer Coldwater Creek Inc. to market and auction 363+/- valuable retail leases located nationwide. Coldwater Creek filed for bankruptcy and announced its decision to liquidate all of its stores earlier this year.

"These leaseholds represent a strategic opportunity for retailers to acquire below market leases in many of the most desirable Malls, Lifestyle Centers, Street and Factory Outlet locations throughout the country. A portfolio like this has not come on the market in years," said GA Keen Realty Advisors Co-President, Matthew Bordwin. "As part its bankruptcy proceeding Coldwater Creek controls the disposition process and has the ability to assign its leases to other retailers. As such, retailers should contact us immediately if they are interested in any of the available locations," added Bordwin.

The retail spaces range from 3,249 sq. ft. to 15,844 sq. ft., averaging approximately 5,600 sq. ft. The leases are being marketed pursuant to Bid Procedures that have been filed with the bankruptcy court and remain subject to court approval. The Bid Procedures provide for a Bid Deadline of June 26th and an Auction Date of July 8th. However, offers are now being considered for both individual stores and/or packages of multiple locations.

For more information about the available locations, including rental rates and lease terms, call 646-381-9222 or email Matthew Bordwin at mbordwin@greatamerican.com or Craig Fox at cfox@greatmerican.com.

About GA Keen Realty Advisors, LLC
GA Keen Realty Advisors, located in New York, provides real estate analysis, valuation and strategic planning services, brokerage, M&A, auction services, lease restructuring services and real estate capital market services. For more information about GA Keen Realty Advisors, call (646) 381-9222 or visit http://www.greatamerican.com/keen.

About Great American Group, Inc. (GAMR)
Great American Group is a leading provider of asset disposition and auction solutions, advisory and valuation services, capital investment, and real estate advisory services for an extensive array of companies. A trusted strategic partner at every stage of the business lifecycle, Great American Group efficiently deploys resources with sector expertise to assist companies, lenders, capital providers, private equity investors and professional service firms in maximizing the value of their assets. The company has in-depth experience within the retail, industrial, real estate, healthcare, energy and technology industries. The corporate headquarters is located in Woodland Hills, Calif. with additional offices in Atlanta, Boston, Charlotte, N.C., Chicago, Dallas, Melville, N.Y., New York, Norwalk, Conn., San Francisco, London, Milan and Munich. For more information, call (818)www.greatamerican.com.

Media Contact:

Michelle Kahan
Great American Group, Director of Marketing
818-884-3737
mkahan@greatamerican.com


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