News and Events
Fred's retains RCS
RCS Real Estate Advisors Provides Real Estate Advisory Services to Fred's.
May 15, 2008 Press Release
NEW YORK, NY, May 15, 2008 – New York, NY-based RCS Real Estate Advisors, the pre-eminent real estate advisory firm to the retail industry, has been retained by Fred's to provide real estate advisory and disposition services. RCS Real Estate Advisors President and CEO Ivan L. Friedman made the announcement.
Consistent with their strategic plan to improve profitability as announced on February 6, 2008, Fred's has retained RCS Real Estate Advisors to create and implement a marketing plan to efficiently dispose of almost 60 underperforming store leases located throughout Alabama, Florida, Georgia, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas, and ranging in size from 15,000 to 24,000 square feet.