Kevin James, a VP with Cassidy Turley, says that Colfaxconsolidated the Cord stores, and these remaining properties werevacated. The sites include a 10,933-square-foot store at 4784 N.High St. in Columbus; a 4,320-square-foot store at 4949 TuttleCrossing Blvd. in Dublin, OH, a 10,000-square-foot store thatincludes drive-thru service at 2014 Baltimore-Reynoldsburg Rd. inReynoldsburg; and a 7,200-square-foot store at 631 E. Aurora Rd. inMacedonia, OH. Also available is the Dividend Drive property, whichincludes 17,700 square feet of office and 19,500 square feet ofwarehouse. James is joined in the representation by seniorassociate Micha Bitton, associate Kevin McGrath and SVPs Mike Hurdand Rick Trott.

James tells GlobeSt.com that his company's Distressed AssetServices practice group, involved in these properties, has beenvery active lately. "I think in the past three-four months there'sdefinitely been an increase in defaulted and bankrupt properties. Ithink most people thought it was going to start last year, but it'sreally starting in Q1 2010. Everyone was trying to get extensions,plus opinion of value takes about six months," he says.

Cord started in 1954, and was one of the biggest cameraretailers in the Midwest. However, the firm reportedly ran intodefaults on equipment leases, and vacated the Dividend Driveproperty for a smaller building.