Breuners Home Furnishings, Huffman Koos, and Good's Furniture Seek to Retain Keen Realty in Disposition of Real Estate Portfolio.GREAT NECK, N.Y. -- Keen Realty to Market for Sale 47 Retail Leaseholds, Five (5) Distribution Center Leaseholds, and One (1) Office Leasehold Located Throughout NY, NJ, CT, PA, DE, and CA Breuners Home Furnishings Corp. has filed court papers to retain Keen Realty, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control to market and dispose of the company's retail, distribution center, and office leasehold interests located throughout the northeast and in northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern . Breuners is the parent company to Huffman Koos, Good's Furniture, and Breuners Home Furnishings, all featuring quality, value priced brand named furniture. Breuners Home Furnishings filed for Chapter 11 protection on July 14, 2004 in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. District of Delaware. Keen Realty, LLC is a real estate consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in maximizing the value of its clients' real estate assets nationwide. Keen will be coordinating the property sales with Breuners' restructuring advisors from FTI FTI Free thyroxine index, see there Consulting and attorneys at Pachulski Stang Ziehl Young Jones & Weintraub P.C. "We are pleased to offer these leasehold interests for sale, as they are located in prime locations throughout the northeast and in northern California," said Matthew Bordwin, Keen Realty's Executive Vice President. "We expect there to be a tremendous amount of interest in these locations. These leases represent an excellent opportunity for users, as well as a great investment opportunity for a group that would like to acquire the entire portfolio as a going concern business. These companies have excellent brand recognition in the marketplace," Bordwin added. The following locations are available: --Operating as Huffman Koos - 20 retail leases, consisting of 997,751+/- sq. ft. of retail space, located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, and Connecticut, and two distribution centers totaling 450,608+/- sq. ft. located in Connecticut and New Jersey; --Operating as Good's Furniture - 17 retail leases, consisting of 679,009+/- sq. ft. of retail space, located in Pennsylvania, New Jersey, and Delaware, and two distribution centers totaling 178,000+/- sq. ft. located in Delaware and Pennsylvania; and --Operating as Breuners Home Furnishings - Ten retail leases, consisting of 485,011+/- sq. ft. of retail space, and one distribution center totaling 130,140+/- sq. ft., located in northern California. Also available is an office/headquarters location consisting of 31,256+/- sq. ft. located in Lancaster, PA. For over 22 years, Keen Consultants has had extensive experience solving complex problems and evaluating and selling real estate, leases and businesses. Keen Consultants, a leader in identifying strategic investors and partners for businesses, has consulted with hundreds of clients nationwide, evaluated and disposed of over 250,000,000 square feet square of properties, and repositioned nearly 13,000 retail stores across the country. Recent clients include: Spiegel/Eddie Bauer, Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing , Service Merchandise Service Merchandise was a chain of large stores carrying fine jewelry, toys, sporting goods, and electronics that existed from 1934 to 2002. The company's former chairman, Raymond Zimmerman, resurrected Service Merchandise as an Internet-only retailer in 2004 after buying the name , Country Road, Tommy Hilfiger, Warnaco, Fila, and JP Morgan Chase. For more information regarding the disposition of these leaseholds for Breuners Home Furnishings Corp., please contact Keen Realty, LLC, 60 Cutter Mill Road, Suite 407, Great Neck, NY 11021, Telephone: 516-482-2700, Fax: 516-482-5764, e-mail: mbordwin@keenconsultants.com Attn: Matthew Bordwin. |
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