GA Keen Hired to Auction 363 Coldwater Creek Leases

NEW YORK—Pending bankruptcy court approval, GA Keen Realty Advisors has been retained by women’s clothing retailer Coldwater Creek to market and auction 363 retail leases nationwide.

“These leaseholds represent a strategic opportunity for retailers to acquire below market leases in many of the most desirable malls, lifestyle centers, street and factory outlet locations throughout the country. A portfolio like this has not come on the market in years,” says GA Keen Realty Advisors Co-President Matthew Bordwin. “As part its bankruptcy proceeding Coldwater Creek controls the disposition process and has the ability to assign its leases to other retailers. As such, retailers should contact us immediately if they are interested in any of the available locations.”