Keen will market Bibelot's locations to find replacement tenants. The leases, all in the Baltimore area, are for sites ranging in size from 14,000 sf to 24,0000 sf. Keen Realty specializes in restructuring retail real estate and lease portfolios and selling excess assets.

"These leases are premier retail locations in the Baltimore metro area and represent an excellent opportunity for a retailer or investor who is looking to expand," says Mike Matlat, Keen Realty's vice president. "We encourage prospective purchasers to put in their bids immediately so that credible offers can be considered. We're moving quickly and would not want anyone to miss out."

Bibelot will close its stores in Canton, Cross Keys, Timonium and Pikesville within three months. The company, which filed for bankruptcy protection under its corporate name, Bloomsbury Group, owes $15 million to $18 million but has assets of $10 million to $15 million.

Keen Realty, based in Great Neck, NY, has been in the industry for 15 years' experience, solving evaluating and selling real estate, leases and businesses in bankruptcies, workouts and restructurings.