National retailer Gap Inc. has retained New York-based RCS Real Estate Advisors to facilitate the restructuring of company’s specialty fleet. RCS Real Estate Advisors President and CEO Ivan L. Friedman made the announcement.
In their fourth quarter earnings report, Gap announced a plan to revamp their store base and revitalize the Gap brand. This includes the closure of about 230 Gap Specialty Stores.
RCS is seeking to ensure a smooth transition for GAP as the well-established brand implements their new plan for future success.