Areas of Expertise
- Lease Restructuring
- Real Estate Development
- Financial Services
- Real Estate
- St. Bonaventure University
Jim Terrell has over four decades of retail and real estate experience with involving all facets of operations and transaction. Prior to joining B. Riley, Terrell was Senior Managing Director with A & G Realty Partners serving clients with valuation, lease restructuring, terminations and fee sale transactions. Terrell also served as Senior Vice President of Real Estate for Ashley Furniture and spent 36 years with Sears Holdings and its subsidiaries where he held a variety of managerial and senior executive positions culminating as the Vice President and Chief Operating Officer of Sears Holdings' Real Estate Portfolio.
Over the course of his career at Sears and Ashley, in addition to guiding site selection, new store openings and other retail growth initiatives, Terrell repurposed dozens of facilities, including stores, distribution centers, offices and other facilities through leasing, sub-leasing, assignments and redevelopment, often in collaboration with owners and buyers. He also negotiated hundreds of property divestures, including terminations, sales and exchanges, and recovered millions of dollars of overpayments, overbillings and other costs. Additionally, he participated in or directed several complex transactions, including the merger creating Sears Holdings Corporation, the spin-off of the Seritage Growth Property REIT and the formation of a REMIC (real estate mortgage investment conduit). Terrell was also part of the M&A team that led to Sears' acquisitions of Land's End and other companies. He initiated and consummated the largest corporate incentive program in the state of Illinois at the time.
Terrell is a Certified Public Accountant and a licensed auctioneer in the State of Illinois. He graduated from St. Bonaventure University in Olean, N.Y. with a degree in accounting.
B. Riley Real Estate advises companies, financial institutions, investors, family offices and individuals on projects in order to preserve and maximize real estate value. Real estate solutions span acquisitions and sales, lease restructuring, construction dispute services, rent reductions, terminations and renewals; sale-leasebacks and auctions; and capital solutions to support acquisitions and dispositions. B. Riley serves clients across the retail, office, education, industrial, manufacturing, distribution centers, restaurant, grocery store, multi-family housing and health services industries.