82 Toys R Us, Babies R Us locations set for auction
The shuttered Toys R Us/Babies R Us store on Veterans Memorial Highway in Commack, is among those set to be auctioned next month. Credit: Newsday/John Paraskevas
Eighty-two former Toys R Us and Babies R Us locations, including two on Long Island, will be auctioned on Sept. 27 in Manhattan.
The Long Island locations in Commack and Westbury are two of nine up for auction in New York.
Melville-based brokerage A&G Realty Partners and Manhattan-based real estate investment firm Raider Hill will conduct the auction at 10 a.m. at the offices of the debtors' counsel Kirkland & Ellis.
The auction will include 52 ground-leased properties, 29 building leases and one parking lot lease in 32 states. The locations range in size from 22,000 to 63,000 square feet.
Wayne, New Jersey-based Toys R Us Inc. also auctioned off properties in 29 states earlier this month.
In a statement, Todd Eyler, a managing director at A&G, said, "These are well-located, high-visibility, big-box sites that can work for single users or be subdivided, which is precisely the type of flexibility required for the kinds of adaptive strategies that are pulling ahead in today's real estate marketplace."
Separately, National Wholesale Liquidators in June said it was the successful bidder of the Toys R Us lease located at 5520 Sunrise Hwy. in Massapequa. The discount retailer is expected to open in the fourth quarter. Also, Big Lots, another discount retailer, was the high bidder in the bankruptcy auction for the Bay Shore location of a Babies R Us and Toys R Us at 1851 Sunrise Hwy.
There were 12 Toys R Us and four Babies R Us locations on Long Island when the parent company filed for bankruptcy in September 2017 and began announcing store closures in January.
It closed its final stores in July.
