Your cart is currently empty!
Big Lots leases listed for sale in NY during bankruptcy. See the list
Leases for all remaining New York Big Lots stores are for sale, pointing to probable closures as the company continues to work through the bankruptcy process.
Boston-based asset liquidation firm Gordon Brothers Retail Partners began listing the 460-plus locations on Jan. 14, with purchase offers due by Friday, Jan. 24, USA TODAY reported last week. The stores “are primarily located in shopping centers across 47 states and range in size from approximately 19,000 to 55,000 square feet,” the firm says on the sale site.
“This is a fantastic opportunity for expansion-minded retailers to grow their footprint by acquiring well-located stores with long-term, below-market rents,” said Michael Burden, Gordon Brothers’ co-head of North America real estate services, in a press release announcing the sale. “These spaces offer a seamless path to enhance their presence and serve new communities, making it an ideal time to capitalize on prime retail real estate.”
Here’s which New York stores are for sale.
Which New York stores are for sale
According to Big Lots’ website, there are 49 locations remaining in New York. All of those store leases have been listed for sale by Gordon Brothers, USA TODAY reported. Here’s the list:
- 4879 State Highway 30 in Amsterdam
- 360 Grant Avenue Road, Suite 2, in Auburn
- 6515 Brockport Spencerport Road in Brockport
- 4101 Transit Road in Buffalo
- 12177 Route 16 in Chaffee
- 54 Crossing Blvd. in Clifton Park
- 2221 Main St. in Collins
- 1255 Sunrise Highway in Copiague
- 3662 State Route 281, Suite 1, in Cortland
- 10 Village Plaza in Dansville
- 5165 Broadway St. in Depew
- 1170 Central Ave. in Dunkirk
- 825 Fairport Road in East Rochester
- 801 Lake Road in Elmira
- 70 Quaker St. in Granville
- 1251 State Route 29 in Greenwich
- 5999 S. Park Ave. in Hamburg
- 102 Utica St. in Hamilton
- 275 S. Broadway in Hicksville
- 5755 Sunrise Highway in Holbrook
- 21 S. Main St. in Jamestown
- 1375 Ulster Ave. in Kingston
- 8015 Oswego Road in Liverpool
- 5987 S. Transit Road in Lockport
- 228 W. Main St., Suite 14, in Malone
- 138 Harte Haven Plaza in Massena
- 2413 Brewerton Road in Mattydale
- 39 North Plank Road in Newburgh
- 2429 Military Road in Niagara Falls
- 502 N. Union St. in Olean
- 2132 Glenwood Shopping Plaza in Oneida
- 1250 State Route 104 in Ontario
- 140 State Route 104, Suite J, in Oswego
- 98 Victory Highway in Painted Post
- 28 Dutch Town Plaza in Palatine Bridge
- 200 Market St. in Potsdam
- 3779 Rome Road in Pulaski
- 1100 Jefferson Road in Rochester
- 3170 Chili Ave., Unit #T5, in Rochester
- 3660 Dewey Ave. in Rochester
- 1146 Erie Blvd. W in Rome
- 330 Route 212 in Saugerties
- 750 Young St. in Tonawanda
- 350 Leland Ave. in Utica
- 150 Vestal Pkwy. W in Vestal
- 1574 Route 9 in Wappingers Falls
- 1125 Arsenal St. in Watertown
- 501 W. Montauk Hwy. in West Babylon
- 1980 Ridge Road in West Seneca
What we know now:Big Lots secures deal to save hundreds of stores
A look into Big Lots’ bankruptcy process
Big Lots filed for bankruptcy in September and had been closing some stores as it went through the bankruptcy process, announcing plans to close more than 340 stores.
In late December, Big Lots and Gordon Brothers announced a deal transferring 200 to 400 of Big Lots’ stores to Variety Wholesalers, Inc., a retail company headquartered in Henderson, North Carolina. At the time, Variety Wholesalers said it plans to continue operating the stores it acquired in the deal under the Big Lots brand and may retain employees at the Big Lots stores and distribution centers it plans to acquire, according to a press release from the companies.
Before the deal with Gordon Brothers and Variety Wholesalers, Big Lots planned to close all of its stores when a potential sale to Nexus Capital Management fell through.
Big Lots was the fourth-largest home goods retailer in the U.S. when it filed for bankruptcy, with $4.7 billion in 2023 revenue, 1,392 stores at the beginning of 2024, and more than 27,000 employees. The company has been grappling with declining sales over the past few quarters, putting pressure on a balance sheet that already included $556.1 million in debt, according to court documents.
Big Lots now has 901 stores across the U.S., according to its website.
Emily Barnes reports on consumer-related issues for the USA TODAY Network’s New York Connect Team, focusing on scam and recall-related topics. Follow her on Twitter and Instagram @byemilybarnes. Get in touch at ebarnes@gannett.com.
As Big Lots files for bankruptcy, several of their leased properties in New York are now listed for sale. Here are some of the locations available for purchase:
1. Big Lots – Buffalo, NY
2. Big Lots – Rochester, NY
3. Big Lots – Syracuse, NY
4. Big Lots – Albany, NY
5. Big Lots – Yonkers, NY
These properties offer great investment opportunities for those looking to acquire retail spaces in prime locations. Don’t miss your chance to own a piece of Big Lots history in New York! Contact us for more information on these listings.
Tags:
- Big Lots bankruptcy
- Big Lots NY leases for sale
- Big Lots listed properties
- Big Lots bankruptcy news
- Big Lots real estate listings
- Big Lots commercial leases for sale
- Big Lots bankruptcy auction
- Big Lots property investments
- Big Lots retail spaces for sale
- Big Lots liquidation sale properties
#Big #Lots #leases #listed #sale #bankruptcy #list
Leave a Reply