A bankruptcy court judge is giving menswear seller Tailored Brands permission to walk away from 100 retail leases including high-profile locations in downtown Chicago, Houston and in the World Trade Center district in New York City, a move that's becoming more common for national retailers struggling during the coronavirus.
Owner of Men's Wearhouse, Jos A. Bank Is Latest National Retailer to Reject High-Profile Leases
Bankruptcy Judge Is Approving Move As Tailored Brands Plans to Close 500 Stores
By Marissa Luck
CoStar News
August 28, 2020 | 10:32 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- 1 Trinity Centre
111 Broadway, New York, NY
- Accenture Tower
500 Madison St, Chicago, IL
- 4 Houston Center
1331 Lamar St, Houston, TX
- Briarcroft Center
5602 Westheimer Rd, Houston, TX