Gordon Brothers announced on November 18, 2024, that it will provide real estate consulting services to Kirkland's, Inc., supporting its new store growth strategy. This engagement follows the payoff of Gordon Brothers' $12 million term loan to Kirkland's.
The consulting services will include lease renewal and new store site selection, specifically to assist with the launch of new Bed Bath & Beyond small-format retail stores. This initiative is a direct outcome of Kirkland's strategic alliance and investment from Beyond, Inc.
Kirkland's Chief Financial Officer, Mike Madden, stated that Gordon Brothers was an integral partner in the company's transformation efforts. The continued partnership with the real estate team is expected to help achieve the next phase of growth across Kirkland's evolving brand portfolio.
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