However, Graiser notes that in the first quarter of 2017, A&G completed 18 transactions with a total value of approximately $94 million for office, warehouse and higher-education properties, as well as vacant land. The deal volume, he says, prompted the need for the new division.

“We enjoy a strong reputation in retail for providing due diligence, valuations, strategic advice, auctions, lease terminations, occupancy cost reductions, acquisitions, and other critical services,” says A&G co-president Amendola. “This new division reflects the growing demand for our services in non-retail sectors as well. In today's marketplace, all of our clients—everyone from property owners and tenants to hedge fund managers, private equity firms, bankruptcy trustees and asset-based lenders—recognize that you cannot afford to leave asset value on the table.”

Graiser adds that its retail work has also involved dealing with leases and or dispositions of retailers' corporate headquarters.

A&G's work outside the retail sector has increased steadily in recent years. Recent non-retail work by the firm has included handling the disposition of a 33-property residential real estate portfolio in the Mid-Atlantic; selling a waterfront estate on Long Island, NY; selling the office/warehouse headquarters for two national retail chains; the pending sale of the 25-acre campus of Dowling College on Long Island at auction and overseeing the property sales for the bankruptcy trustee of one of the nation's largest for-profit colleges—ITT Educational Services. That work is currently involving overseeing the sale of 30-owned office buildings as part of the ITT Chapter 11 case.

Thus far, A&G has brokered the sale of 22 ITT office buildings and expects to compete the assignment in the next few months. Princeton Education Center LLC has submitted the highest bid of $26.5 million for the Oakdale, NY waterfront campus on Long Island. A closing on the sale is expected to be completed in the next few weeks. The firm also sold Golfsmith's corporate headquarters in North Austin, TX in a deal valued at $20.5 million in early 2017.

Outside of retail, the company has also been involved in spearheading real estate strategies for three other for-profit career colleges that included lease terminations, sub-leases and occupancy cost reductions. “In each case, we leveraged our decades of experience and extensive networks to achieve robust results for the client,” Graiser says.

The new division will be headed by Graiser and Amendola and will initially consist of A&G staff that has worked on deals outside of the retail sector. Later this year A&G, which currently employs 14 workers, expects to bring on new staff depending on transaction volume.

Graiser says the company is taking its expedited sales process that has generated additional sales value on the retail side to its non-retail business. He says that early indications are positive, noting that the Dowling College campus and ITT office building sales have produced high sales values.

The firm in the first quarter of this year in an effort to broaden its services to the retail industry co-launched Elkhorn Real Estate Partners, a joint venture with Joe McKeska, a leading supermarket industry real estate executive. Chicago-based Elkhorn offers grocers and investors an integrated, data-driven pathway toward maximizing the value of their real estate assets.

MELVILLE, NY—A&G Realty Partners, which has made a name for itself across the country in the retail sector disposing of distressed properties and renegotiating leases for struggling retailers, has launched a new division that focuses on servicing non-retail properties and clients.

Andrew Graiser, co-president of Melville, NY-based A&G, explains the new division is a direct result of its increased business in the office, warehouse and higher education sectors the past few years. He adds that the new Non-Retail Properties Division will also focus on residential properties, including rental apartments, condos and single-family home developments. Its specialists will also help clients maximize the value of vacant land, he adds.

The firm, which was founded in in 2012 by Graiser and Emilio Amendola, has made a name for itself since then working on behalf of such clients as: Sports Authority, Office Depot, CVS, Supervalu, The Great Atlantic & Pacific Tea Co., Pier 1 Imports, Aerosoles and Ascena Retail Group. The firm, which also has offices in Chicago, Los Angeles and Philadelphia, has been responsible for more than 12,000 transactions, more than $5 billion in sales, and lease mitigation for more than 400 companies since its founding five years ago.

Among some of its high-profile projects have included dispositions or lease workouts for Kmart, Radio Shack, Circuit City and Loehmann's.

However, Graiser notes that in the first quarter of 2017, A&G completed 18 transactions with a total value of approximately $94 million for office, warehouse and higher-education properties, as well as vacant land. The deal volume, he says, prompted the need for the new division.

“We enjoy a strong reputation in retail for providing due diligence, valuations, strategic advice, auctions, lease terminations, occupancy cost reductions, acquisitions, and other critical services,” says A&G co-president Amendola. “This new division reflects the growing demand for our services in non-retail sectors as well. In today's marketplace, all of our clients—everyone from property owners and tenants to hedge fund managers, private equity firms, bankruptcy trustees and asset-based lenders—recognize that you cannot afford to leave asset value on the table.”

Graiser adds that its retail work has also involved dealing with leases and or dispositions of retailers' corporate headquarters.

A&G's work outside the retail sector has increased steadily in recent years. Recent non-retail work by the firm has included handling the disposition of a 33-property residential real estate portfolio in the Mid-Atlantic; selling a waterfront estate on Long Island, NY; selling the office/warehouse headquarters for two national retail chains; the pending sale of the 25-acre campus of Dowling College on Long Island at auction and overseeing the property sales for the bankruptcy trustee of one of the nation's largest for-profit colleges—ITT Educational Services. That work is currently involving overseeing the sale of 30-owned office buildings as part of the ITT Chapter 11 case.

Thus far, A&G has brokered the sale of 22 ITT office buildings and expects to compete the assignment in the next few months. Princeton Education Center LLC has submitted the highest bid of $26.5 million for the Oakdale, NY waterfront campus on Long Island. A closing on the sale is expected to be completed in the next few weeks. The firm also sold Golfsmith's corporate headquarters in North Austin, TX in a deal valued at $20.5 million in early 2017.

Outside of retail, the company has also been involved in spearheading real estate strategies for three other for-profit career colleges that included lease terminations, sub-leases and occupancy cost reductions. “In each case, we leveraged our decades of experience and extensive networks to achieve robust results for the client,” Graiser says.

The new division will be headed by Graiser and Amendola and will initially consist of A&G staff that has worked on deals outside of the retail sector. Later this year A&G, which currently employs 14 workers, expects to bring on new staff depending on transaction volume.

Graiser says the company is taking its expedited sales process that has generated additional sales value on the retail side to its non-retail business. He says that early indications are positive, noting that the Dowling College campus and ITT office building sales have produced high sales values.

The firm in the first quarter of this year in an effort to broaden its services to the retail industry co-launched Elkhorn Real Estate Partners, a joint venture with Joe McKeska, a leading supermarket industry real estate executive. Chicago-based Elkhorn offers grocers and investors an integrated, data-driven pathway toward maximizing the value of their real estate assets.