#United States #Columbus #A&G Real Estate #American Signature #Value City Furniture

Nationwide Liquidation: American Signature Inc.

American Signature, Inc. is in the spotlight as it embarks on a nationwide liquidation process involving both its retail stores and warehouses. This development follows a court decision permitting ASI Purchaser LLC to proceed as the stalking-horse bidder for the home furnishings brand after its voluntary filing for Chapter 11 bankruptcy in late 2025.

A&G Real Estate Partners Takes the Lead

A&G Real Estate Partners, a prominent real estate advisory firm, has been retained to market a total of 89 properties belonging to American Signature across 15 states. These include both leased and fee-owned retail locations, with a range of sizes suitable for various operators — from large furniture outlets to smaller specialty shops.

The marketing effort covers extensive locations, from Delaware down to Florida, and from Pennsylvania to Virginia, specifically catering to the furniture and home accessories market. Customers and potential operators can now explore opportunities across diverse locations, enabling them to capitalize on the existing infrastructure of a well-known American brand.

Expansive Opportunities for Buyers

According to AG's Co-President Emilio Amendola, offers are currently being considered for four fee-owned properties, comprising two retail sites in Orlando, Florida, and two distribution centers—one in Thomasville, Georgia and another in La Porte, Indiana. The team emphasizes the potential these properties hold for buyers looking to expand in the retail space testament to the significant appeal the retail boxes carry for a variety of sectors including grocery and sporting goods as well.

The retail facilities, ranging in size from 24,634 to 91,336 square feet, provide ample opportunity for various kinds of businesses seeking to move into robust locations. The six distribution centers, varying between 55,817 to 604,800 square feet, offer prospective buyers a strategic advantage to overcome what has been noted as the high construction costs associated with new warehousing.

Bid Deadlines and Marketing Strategy

The bidding schedule is split into two primary timelines. The deadline for the first group of 39 stores, including three delivery centers, is expected in February, whereas the second group of 44 stores and one delivery center is posed for March. Details about the specific locations are disclosed, inviting offers from interested parties.

Potential bidders are encouraged to recognize the dynamic nature of retail real estate as AG markets these listings. The agency's effective strategies to optimize leases and manage properties have attracted interest from diverse operators across the country.

Historical Context and Future Prospects

Founded in 1948 in Columbus, Ohio, American Signature has seen significant evolution, including the establishment of its subsidiary, Value City Furniture. The brand had to file for bankruptcy due to various market pressures, yet the restructuring process initiated through A&G Real Estate could provide a pathway for re-emergence or solidify other businesses with strong footholds in the market.

The successful sale of these properties could catalyze a broad array of new business ventures in the home furnishings sector, and AG is positioned to facilitate these transactions seamlessly.

For more detailed information regarding bid procedures, individual locations, and how to submit offers, interested parties can visit AG's dedicated page for American Signature listings.

In conclusion, while American Signature's retail presence is seeing a significant transformation, the future of its properties holds potential for a new chapter in American retail real estate.