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August 5, 2020 Comments Off on Stage Stores’ Jacksonville Warehouse Comes to Market Views: 573 Texas - Other, Texas News

Stage Stores’ Jacksonville Warehouse Comes to Market

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In its capacity as real estate advisor for Stage Stores, Inc., A&G Real Estate Partners is now accepting bids on the retailer’s Jacksonville distribution center and two other properties. The Houston-based chain filed for Chapter 11 protection in May.

A&G is marketing the fee interest for the 435,196-square-foot facility, located at 506 Beall Blvd. in this Cherokee County municipality. Situated on a 42.51-acre parcel that includes undeveloped land for expansion, the distribution center was built in 1985 and has undergone multiple rounds of modernization to accommodate brick-and-mortar and e-commerce fulfillment.

“This strategically located, state-of-the-art property offers an excellent turnkey opportunity for retailers and other companies seeking to enhance their footprint for direct-to-consumer and/or brick-and-mortar fulfillment,” said Mike Matlat, senior managing director at Melville, NY-based A&G.

“The site is also highly attractive to investors looking to capitalize on the booming warehouse/distribution real estate market in this key Sunbelt state,” he added.

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