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Borders Lease Costs, Remaining Australian Stores for Sale, and Indie Closings

March 8, 2011
By Michael Cader

In reporting their recent quarterly earnings, Agree Realty took a $7.7 million impairment charge related to four leases for Borders stores that are currently being liquidated and another two stores that were closed earlier in the year. They retain exposure on additional store leases, as well as the lease on the Borders headquarters building in […]

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Filed Under: Bookstores, Finance, International News Tagged With: Closing

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