"We'll sell the full portfolio as a package, separate it intosmall packages, or sell individual leaseholds, whichever generatesthe most return for the company and its creditors," MatthewBordwin, Keen SVP, tells GlobeSt.com. Prices for individualproperties have not yet been set, he says, "but they will bemomentarily and available to interested parties."

Under the Good's Furniture identity, there are 17 retail leaseswith an aggregate of 679,009 sf in Pennsylvania, New Jersey andDelaware, and two distribution centers, totaling 178,000 sf inPennsylvania and Delaware. Under the Huffman Koos name, there are20 retail leases aggregating 997,751 sf in New York, New Jersey andConnecticut, and two distribution centers in Connecticut and NewJersey with an aggregate 450,608 sf. The 10 Breuners HomeFurnishings retail leases, all in Northern California, total485,011 sf. The California distribution center totals 130,140sf.

All of the leasehold interests Keen will market for sale "are inprime locations," Bordwin says and tells GlobeSt.com he has alreadyreceived calls. "We expect there to be a tremendous amount ofinterest in these locations. These leases represent an excellentopportunity for users as well as a great investment opportunity fora group that would like to acquire the entire portfolio as a goingconcern business. These companies have excellent brand recognitionin the marketplace," he adds.