A New York firm has been hired to market nearly 2,600 leases from the closure of all remaining Payless ShoeSource stores in the U.S. and Canada.

Melville-based A&G Realty Partners said a series of auctions will take place following the stores’ closures from March through May. The sites range from 500 to 10,000 square feet.

“The diversity of the Payless leases – with urban, suburban strip center, freestanding highway and mall stores – creates a wide range of possibilities for expanding chains seeking affordable rents in prime locations,” A&G Co-President Emilio Amendola said in a statement.

Payless filed for bankruptcy protection on Feb. 18.

Payless has 41 locations in Massachusetts including Boston’s Downtown Crossing, the Cambridgeside Galleria mall and Woburn Mall. The available leases also include 255 locations in California, 192 in Texas, 170 in Florida and 157 in New York.

Firm to Market 41 Payless Store Leases in Mass.

by Steve Adams time to read: 1 min
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