Issue 2 | January 2008

 

 

Perspectives
 
 

New Year. New Perspective.

There’s never been a better time to evaluate your real estate portfolio to be sure you’ve unlocked its full potential. Let RCS Real Estate Advisors help you make the most of your retail real estate assets. Contact Mitchel Friedman, Senior Vice President, to find out how RCS Real Estate Advisors can put their experience to work for you.

 
In This Issue New Year. New Perspective.
Real Estate Advisor to Boston Market
Maximizing Assets for Lifetime Brands
Providing Property Disposition Services to Springs Global
Marsh Supermarkets Auction Success
Boston Market

Serving as Real Estate Advisor to Boston Market

RCS Real Estate Advisors, the pre-eminent real estate advisory firm to the retail industry, has been retained by Boston Market Corporation (BMC) to assist with identifying and capturing cost savings opportunities in their real estate.

BMC is a leader in the fast-casual restaurant industry known for providing time-pressed consumers with great-tasting, convenient meals. After being purchased by an affiliate of Sun Capital Partners, they established this relationship with RCS Real Estate Advisors to assist with evaluating the opportunities within their portfolio.

As real estate advisor to BMC, RCS Real Estate Advisors will work with management to unlock the potential within the over 550 company-owned restaurants located in 28 states.

For more information about Boston Market, please contact Ivan L. Friedman, President.


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related content RCS featured in December Shopping Center Business
SVP Spence Mehl discusses BAPCPA in January ABF Journal
Small Shops See Smallness as Their Big Selling Point

Contact Us

To find out more about how RCS Real Estate Advisors can help you unlock more of the value within your retail real estate, contact Mitchel Friedman, Senior Vice President and Director of Business Development and Corporate Strategy at 512.329.2734 or info@rcsrealestate.com.

 

Lifetime Brands

Maximizing Assets for Lifetime Brands, Inc.

When Lifetime Brands, Inc., a resource for nationally branded kitchenware, tabletop and home décor products including Pfaltzgraff®, Farberware® and Cuisinart®, decided to maximize their real estate assets by closing some of their underperforming outlet store locations, they turned to the experts at RCS Real Estate Advisors to provide restructuring services.

RCS Real Estate Advisors is helping Lifetime Brands, Inc. realize their real estate potential by terminating leases for 27 Farberware® outlet retail locations and three Pfaltzgraff® factory stores located throughout the US.

For a complete list of these locations, please visit our Web site or contact Warren Kiersh, Vice President.


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Springs Global

Providing Property Disposition Services to Springs Global US, Inc

Springs Global US, Inc., the leading home furnishings supplier to major retailers throughout North America with brands including Wamsutta® and Springmaid®, found themselves in need of a partner who could help them exit their factory outlet stores in order to focus on their core businesses. RCS Real Estate Advisors is the firm they chose as their partner because of the firm’s skills and experience with property dispositions and lease terminations.

RCS Real Estate Advisors will manage lease terminations for 32 Springmaid® outlet locations across the country.

For a complete list of these locations, please visit our Web site or contact Spence J. Mehl, Senior Vice President.


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Marsh

Marsh Supermarkets Auction a Success

Serving as the exclusive real estate agent for Marsh Supermarkets, Inc., RCS Real Estate Advisors successfully sold 25 fee-owned properties at auction for approximately $12 million.

The locations in and around Indianapolis, Ind., consisting of both undeveloped properties and former supermarkets already closed by Marsh, were sold to buyers from all over the United States. A former Trio’s restaurant in Noblesville, Ind. and a former Marsh Supermarket in Greencastle, Ind. are still available for purchase.

For more information about Marsh Supermarkets, Inc., please contact Spence J. Mehl, Senior Vice President.


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Perspectives is a quarterly newsletter for current and prospective clients. ©Copyright RCS Real Estate Advisors, 2008
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