News and Events
Perfumania, Inc. retains RCS to Serve as Outsourced Real Estate Department
RCS expands original portfolio optimization engagement to provide ongoing management of Perfumania's real estate portfolio.
Sep 22, 2010 Press Release
NEW YORK, September 22, 2010 — New York-based RCS Real Estate Advisors, the pre-eminent real estate advisory firm to the retail industry, has expanded their previous portfolio optimization engagement with Perfumania, Inc. to now serve as their outsourced real estate department. RCS Real Estate Advisors President and CEO Ivan L. Friedman made the announcement.
Retained earlier this year to analyze Perfumania’s retail real estate portfolio and identify cost savings opportunities, RCS has extended their engagement to provide ongoing management of Perfumania’s real estate portfolio. In addition to seeking rent relief and lease terminations, where appropriate, new services include a focus on negotiating cost-effective renewals and seeking new store opportunities.