A&G Markets Bankrupt Retailer’s Warehouse, Two Stores
A&G Real Estate Partners is offering a distribution center and two big-box stores slated to close as part of the Stock + Field bankruptcy. The 57-year-old retailer, which filed for Chapter 11 protection last month at U.S. Bankruptcy Court in Minnesota, is currently liquidating all 25 of its stores across the Midwest.
Located in Illinois, Michigan and Wisconsin, the three fee-owned properties are available for sale or lease, said Emilio Amendola, co-president of A&G, which was retained by the entities that own the sites.
“These high-visibility commercial and industrial real estate assets represent an excellent opportunity for both users and investors,” he said.
The properties include a 135,000-square-foot, cross-dock distribution center in Watseka, IL, which served Stock + Field’s entire portfolio of 25 big-box stores in five states; a 137,454-square-foot big-box store (with outlot) in Lansing, MI; and an 89,381-square-foot big-box store in Portage, WI.
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