RCS Real Estate Advisors

True Religion continues its mission of bringing signature style closer to fans nationwide with a rapid U.S. expansion. This November, the brand is opening three new stores in key cities where customer demand has been on the rise, including: - San Antonio, TX (Nov. 9) - Brooklyn, NY (Nov. 15) - Chicago, IL (Nov. 22) Now with 51 locations nationwide, #TrueReligion strengthens its #retail footprint, marking a big step forward for the iconic denim and lifestyle brand. The new store locations include North Star Mall in San Antonio, Kings Plaza in Brooklyn, and Orland Square in Orland Park, each ready to welcome shoppers with exclusive holiday styles. Join us in celebrating this exciting expansion and get a first look at True Religion’s latest collections at these new locations. Thanks to #RCSRealEstate, True Religion is growing faster than ever! Read more about the expansion here: https://lnkd.in/epqnNrtz

November is here, and as we approach the end of the year, the #retaillandscape remains challenging and full of opportunity. Here’s what we’re focusing on at #RCSRealEstate to help clients close out 2024 with resilience: 1. Market Adaptability – As consumer trends fluctuate, optimizing store formats and aligning real estate with sales performance are more critical than ever. A flexible approach can help retailers respond quickly to shifting demands. 2. Strategic Lease Negotiations – In a complex market, one-size-fits-all solutions fall short. Tailored lease agreements, that consider each landlord’s priorities, can provide stability and enhance long-term viability. 3. Growth-Ready Locations – Whether downsizing or exploring new markets, making data-driven choices about locations helps retailers position themselves for success as we head into 2025. At RCS, we're committed to guiding our clients through these dynamic times, ensuring real estate strategies support their broader business goals. Let us help with your 2025 planning and make the most of the new year together!

We’re thrilled to announce that Pinnacle US Holdings LLC, a subsidiary of PureGym, was the successful bidder at auction for Blink Fitness's corporate operations and a significant portion of its gyms in New York and New Jersey, for $121 million in cash. With backing from Leonard Green & Partners and KKR, PureGym is set to expand its U.S. footprint, bringing more affordable, premium fitness experiences to Northeast communities. As PureGym’s trusted #realestateconsultant, #RCSRealEstate is proud to play a critical role in this transition. Our team of #leasenegotiationexperts is strategically repositioning over 60 Blink Fitness locations, helping PureGym secure prime spots and optimize value for its continued growth in the U.S. fitness market.

#ICYMI: Check out RCS’s most recent quarterly newsletter, highlighting industry insights, updates and the amazing work #RCS is doing on behalf of its clients! Read more about it here: https://lnkd.in/gXKXYtmG #RealEstate #Advisor

Ahead of the Blink Fitness bankruptcy auction, ICSC interviewed RCS President and CEO Ivan Friedman to discuss the inner workings of lease restructuring deals. Read more here: https://lnkd.in/gJUYj3WB #RCS #BlinkFitness #PureGym #Advisors

"Retailers have responded swiftly to the recent port strike by turning to air freight and using West Coast and non-union ports in Texas. Some are also considering ports in Canada and Mexico to maintain business without disruptions." ICYMI: Check out RCS Partner Mitchel Friedman's full quote, and other industry experts’ insights, regarding the recent events around the East and Gulf Coast port strike. Read more here: https://lnkd.in/euhSEkRm #RCS #Retail #PortStrike

Thank you to CoStar Group for highlighting how RCS has been tapped by stalking horse buyer PureGym to renegotiate leases for 60+ Blink Fitness locations. This deal is a prime example of how strategic real estate restructuring can unlock massive value for retailers. Read more about it here: https://lnkd.in/geJwYanP #RCS #PureGym #Renegotiation #RealEstate

RCS is thrilled to announce another store opening for our friends at True Religion, this time at Katy Mills Mall in Katy, TX. It’s inspiring to see True Religion keep growing and expanding its reach – here’s to even more success! #RCS #Retail #RealEstate

RCS is proud to lead the lease restructuring in PureGym’s bid to acquire Blink Fitness. As the real estate consultant for PureGym, RCS is helping to secure acceptable lease terms for prime Blink locations. This follows our earlier collaboration with PureGym to expand its Pure Fitness brand across North America. Read more about the partnership here: https://lnkd.in/eNfKCj4c #RCS #PureGym #Consultants #RealEstate

RCS is excited to announce another batch of store openings for our client Fan Outfitters 📍Barton Creek (Austin, TX) 📍Canton Crossing (Baltimore, MD) 📍Butler Town Center (Gainesville, FL) 📍Aurora City Place (Aurora, CO) 📍Town East Mall (Mesquite, TX) #RCS #FanOutfitters #Retail