NEW YORK – November 2021 – RCS Real Estate Advisors has been retained by national retailers francesca’s and Lolli & Pops to serve as the outsourced real estate department for both brands. The firm will be responsible for negotiating all lease terms and extensions as well as for selecting new locations for the brands’ growing portfolios.
francesca’s is a unique specialty store chain that sells women’s apparel, accessories, home décor and stationery. With more than 450 locations nationally, the company is committed to opening new locations in regional, outlet and lifestyle centers. The company recently opened its first fashion-forward tween brand collection, franki by francesca’s, in Houston, Texas, and plans on opening additional stores in 2022.
Lolli & Pops, a leading national candy boutique specializing in candy pops, operates stores nationally and plans on substantial growth within the next three years.
“We are excited to represent the francesca’s and Lolli & Pops brands as they expand their footprints,” said Eileen Mitchell, Executive Vice President and Partner at RCS Real Estate Advisors. “Both brands have tremendous customer loyalty and unique merchandise offerings. These concepts are win-win for malls and other retail venues throughout the nation.”
About RCS Real Estate Advisors
RCS Real Estate Advisors is a leading national retail real estate advisory firm that provides innovative, tenant-centric solutions for complex real estate challenges. We fight tenaciously and think strategically to keep clients out of harm’s way. RCS maximizes returns and protects clients from entering into bad agreements, with a deal-structure mindset rooted in a forward-looking, risk-averse approach. We negotiate leases to reduce operating and occupancy costs, while helping clients balance assets, earnings, expenses and debt. RCS excels at identifying and exploiting investment and expansion opportunities because we see the world through retailers’ eyes thanks to our extensive industry experience. Since 1981, retailers have trusted RCS to strike fair, favorable leases, preserve profitable locations, and monetize real estate.
Rachel Tate, Shea Communications LLC, [email protected], 760 519-4596
Allison O’Donnell, Shea Communications LLC, [email protected], 203 216-3960