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Leases for 320 Sports Authority Stores Going to Auction – 13 in Arizona

Sports Authority’s remaining 320 store leases, including 13 in Arizona will be auctioned in June The leases will be sold by commercial real estate, advisory and investment group A&G Realty Partners, which is currently accepting bids on the leases. The leases are for stores that range from 10,000-square-feet to 80,000-square-feet, and are located in most …

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Sports Authority files for Chapter 11 Wednesday, plans to shutter 140 stores – 7 in Arizona

The bankruptcy of Sports Authority has been looming since January, when the company disclosed that it had missed a $20 million debt payment. The store closings will take place over the next three months. The bankruptcy filing will allow it to break leases for money-losing stores. As part of the restructuring, the Company has identified …

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