Debt-ridden retailer Party City is seeking court approval to walk away from leases for 28 stores as part of a bankruptcy protection filing, and is trying to renegotiate deals with some of its landlords.
Debt-Burdened Party City Seeks To Exit 28 Leases in Bankruptcy
With $150 Million Loan Secured, Retailer Also Looks To Renegotiate Deals With Other Store Landlords
By Linda Moss
CoStar News
January 18, 2023 | 8:41 P.M.
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IN THIS ARTICLE
- Properties
- Heritage Square
404 State Route 59, Naperville, IL
- Companies
- Party City Holdco Inc.
Retailer
- Brixmor Property Group Inc.
Real Estate
- AlixPartners, LLP
Professional, Scientific, and Technical Services