Bibelot To Sell Baltimore Bookstore Leases

BALTIMORE, MD-Bibelot, a local bookstore chain, has retained Keen Realty LLC to market and dispose of its five retail locations and one office lease at the Village of Cross Keys. The bookseller filed for Chapter 11 protection on March 13.

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.”