MELVILLE, N.Y., Dec. 3 /PRNewswire/ -- Big A Drug Stores, Inc. has selected DJM Realty, the leading provider of strategic real estate solutions, to exclusively manage the disposition of all 19 retail store leases throughout California. Big A Drug Stores, Inc. is a chain of retail drug stores, with annual sales of $80.00MM. The chain operates under the names of "Drug Emporium" (13 stores), "Big A" (2 stores), "Camelot Drugs," "Drug Fair," and "Drug Barn" (2 stores).
"We are excited to offer top leases in some of the top performing strip centers in the country. The 10,000 to 31,800 square footage creates terrific opportunities for many retailers as well as the landlord," said Andy Graiser, Co-President of DJM Realty.
Big A Drug Stores is expecting to liquidate its inventory through the end of the year. The engagement of DJM Realty, which is subject to bankruptcy court approval expected December 4th, anticipates an auction on these properties on December 21, 2007.
The 19 stores operate throughout California in the following areas: Anaheim, Colma, Covina, Fountain Valley, Fremont, Fresno, Fullerton, Huntington Beach, La Habra, La Palma, Lomita, Long Beach, North Hollywood, Newark, Redondo Beach, San Jose, South Gate, Sunnyvale and Tustin. "Given the desirability of these properties and the amount of interest that we have already received, interested parties must act immediately," said Andy Graiser.
For more information regarding the disposition of these leases for Big A Drug Stores, please contact James Avallone at 631-752-1100 ext. 224 or firstname.lastname@example.org. Property information can be obtained at http://www.djmrealty.com.
DJM Realty, a Gordon Brothers Group company, specializes in real estate dispositions, valuations, acquisitions and capital solutions. DJM Realty services the world's most recognizable brands such as Bombay, Borders, CompUSA, CVS, Discovery Channel Stores, Pep Boys, Toys R Us, Wal-Mart and Yum Brands. DJM Realty was founded in 1992 and is headquartered in New York with offices in Los Angeles, Boston and Chicago. For more information, please visit http://www.djmrealty.com.
|SOURCE DJM Realty|
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