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  "documentTitle": "Legion Genesco Presentation June 2021",
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  "presentationDate": "2021-06-01 00:00:00",
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  "notes": "Includes photos of Journeys and Schuh warehouses as visual evidence of the assets.",
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      "text": "Journeys & Schuh Warehouses",
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      "text": "GCO could unlock the $141mm of frozen real estate value on its balance sheet through business sales of Schuh and Johnston & Murphy, plus sale-leaseback (SLB) transactions on the remaining Journeys segment. Portfolio of distribution centers will be easy to monetize and are worth over $140 million. Company-owned properties are over 1.3mm sq. ft. The $141mm value implies $105 per sq. ft on average. We believe that a monetization of certain assets could occur within 90 days of starting a process. In addition to monetizing frozen value of properties, SLB partner could add rooftop solar and other environmental upgrades to work toward achieving LEED certifications",
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      "kind": "other",
      "text": "Source: SEC Filings, Company Presentation, Press Releases, Legion Partners' Estimates",
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      "text": "Genesco has substantial real estate value on the balance sheet that is being underutilized",
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      "kind": "title",
      "text": "Unlock Value Trapped in Real Estate",
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