STATEN ISLAND, N.Y. — Party City is putting all 695 of its recently shuttered locations up for auction – including dozens of stores in New York and New Jersey.
“Turn-key spaces ready for immediate occupancy, strategically located in established retail corridors [with] favorable lease terms [and] opportunities in both urban and suburban retail markets,” noted a public auction listing published by A&G Real Estate Partners, the real estate adviser to Party City that is conducting the auction.
Calling each site a “sought-after retail location,” A&G noted in a press release that the bid deadline and auction would likely be in early February…