A&G Realty Launches Non-Retail Division
ByA&G Realty Partners launched a new division focusing on maximizing the value of real estate assets and leases in non-retail sectors. The launch follows after the company has expanded its reach to sectors such as office, warehouse, higher education and residential, now including rental apartments, condos and single family developments.
A&G’s recent non-retail work includes handling the disposition of a 33-property residential real estate portfolio in the Mid-Atlantic; selling a waterfront estate on Long Island; selling the office/warehouse headquarters for two national retail chains; selling the 25-acre campus of Dowling College at auction; overseeing the property sales for the bankruptcy trustee of ITT Educational Services; and spearheading real estate strategies for three other for-profit career colleges that included lease terminations, sub-leases and occupancy cost reductions. During the first quarter of 2017, A&G completed 18 transactions totaling $94 million for office, warehouse, higher-education properties and vacant land..