HRE-PP Flyer_HRE1016_050914_FD

www.hilcorealestate.com
Excess leased or
owned real estate?
We’ll help minimize costs
and maximize value.
Monetizing Your Printing & Publishing Real Estate Assets
Via Strategic Lease Repositioning and Owned-Property Disposition Services
Hilco Real Estate, a leading industry strategist, specializes in repositioning real estate commitments and employing
techniques to optimize asset value and minimize liabilities. Having served as both agent and principal, we know both
sides of the equation and are able to consistently secure better financial outcomes for our clients. We have represented
hundreds of tenants, restructured thousands of commercial leases and sold a variety of real estate and other assets,
generating billions of dollars in sales proceeds or lease savings (thereby increasing EBITDA) for a broad spectrum of
diverse clients in and outside of the media/publishing space.
Our specialties include:
Lease renegotiation/renewal/disposition l Strategic advisory and consulting
Sale-Leaseback transactions l Sale of non-core assets via brokerage services or auctions
Appraisals for leased and owned assets l Fee and leasehold property acquisitions
The Hilco Real Estate team partners with our sister Hilco Global companies to offer comprehensive solutions for our
clients. Combining the industry’s most extensive and accurate property valuation knowledge with creative sales and
marketing techniques, Hilco is able to successfully monetize a wide variety of assets beyond real estate. We have
expertise in every segment of the printing/publishing/media industries, offering a full suite of services:
HILCO VALUATION SERVICES
HILCO RECEIVABLES
HILCO INDUSTRIAL
HILCO STREAMBANK
The world’s most comprehensive provider of business
valuations and appraisal services for tangible and
intangible assets.
The world’s leading provider of disposition and
acquisition services for industrial machinery, equipment
and inventory to help maximize asset value.
A recognized leader in the collections industry, providing
innovative and successful techniques across all types of
portfolios and sectors.
A leading authority in valuation, monetization and
capital deployment services for Intellectual Property
(IP) related assets.
Hilco Media
Success Stories
Lease Restructuring and Tenant Representation
Hilco Real Estate recently completed a lease restructuring project on behalf of GateHouse Media, an affiliate of Fortress
Investment Group. Prior to GateHouse’s prepackaged bankruptcy filing, Hilco was engaged to analyze their owned
and leased property portfolio for purposes of recommending an optimal portfolio size and cost structure following
emergence from bankruptcy.
Hilco was retained on two distinct but related assignments. The first included restructure of ten office leases across
the country. In that assignment, Hilco succeeded in securing significant rent reductions and other valuable landlord
concessions including leased space and term reductions, moves to more economical space and the payment of
substantial tenant allowance proceeds to GateHouse. In the second assignment, Hilco identified an alternate location
for GateHouse and negotiated with the new landlord to successfully engineer a relocation, all within three weeks of
the original lease rejection. Across these two assignments, Hilco’s successful negotiations generated millions of dollars
in savings for Gatehouse.
Lease Restructuring
Hilco Real Estate was recently engaged by The Dolan Company to restructure the bulk of their leasehold portfolio,
including their corporate office headquarters and 30+ additional locations nationwide in connection with a prepackaged
Chapter 11 Bankruptcy filing instituted by new equity owner, Bayside Capital. The majority of these facilities supported
Dolan’s business material publication and document management/processing services. The company and its lenders
sought to restructure/downsize operations in certain areas of Dolan’s business, which included business information
and professional services for the legal, financial and real estate sectors. Hilco’s engagement included lease assignment
and termination, downsizing, relocation/consolidation and rent/term repositioning (“blend and extend”) for the company’s
leased locations. To date, the large majority of assigned leases have been restructured to offer the company compelling
money-saving solutions that last well beyond 2014.
Hilco Global Serves a Large Community of Clients in
The Printing/Publishing/Communications Industries
HRE1016 – 5/14
For a needs assessment or more information contact:
www.hilcorealestate.com
Hilco Global
5 Revere Drive, Suite 320
Northbrook, IL 60062
847.714.1288