CT Party City store leases head to auction

CT Party City store leases head to auction as company goes out of business after nearly 40 years
As closures begin, the 695 Party City leases across the United States are heading to auction through A&G Real Estate Partners.
Leases for nearly 700 Party City locations to be auctioned off
The leases of nearly 700 Party City stores are poised to go under the hammer amid the party supplies retailer’s ongoing bankruptcy.
Party City is closing all stores immediately and laying off staff after 38 years in business, including 25 N.J. locations
Party City made the announcement on Dec. 20 in a meeting with corporate staff, informing them that Friday is their final day of employment
Party City and its two Chattanooga area stores shutting down
A party supplies seller with approximately 700 stores nationwide, including two in the Chattanooga area, is closing down.
Party City to auction off leases to all US stores as it goes out of business
Party City will be auctioning off the leases for all of its 695 stores in the US ahead of the retail company’s nationwide closure. In late December, the party store mainstay announced that it would be shuttering its doors after 40 years in the states due to high inflation that it couldn’t keep up with that drove customers elsewhere.
Party City surprises shoppers with going out of business sale before shuttering over 850 stores
The popular party supplies retailer announced on Friday, Dec. 20 that is closing all stores after 38 years in business
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