As Toys 'R' Us continues its massive liquidation, the retailer is now tackling the challenge of selling its former brick and mortar stores. Of the 140 stores that hit the auction block last week, only 50 received winning bids, and 30 were from the landlords themselves.

"We have been gearing up for the past several weeks," said Ballard Spahr Partner David L. Pollack, who represents 15 Toys 'R' Us landlords. "There is a lot of inventory out there now, and in today's world and marketplace 50 bids on a 140 stores is a pretty good result."

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