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A former Sears department store at 1900 West Lawrence Ave in Chicago
News

Springbank Real Estate Buys Former Ravenswood Sears Store, Plans Mixed-Use

... Kevin Boyd brokered the deal between Springbank and the seller, Sears Holdings. Springbank plans to invest $20M to redevelop the building ... Chicago's 2016 Chicago 7 list of endangered buildings. Sears commissioned seven stores to be built in the 1920s, ...

Jan 04, 2017
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Sears
News

Investors Look To Gain From Sears’ Collapse By Short Selling This REIT

... high bets against Seritage Growth Properties, the REIT that manages Sears’ real estate. Short interest bets reached $368.5M on ... surprise that investors are betting against the company, considering Sears itself admitted it was facing end times in a recent ...

Mar 31, 2017
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A rendering of Springbank Real Estate's plans to adapt a Sears department store at 1900 W Lawrence Ave in Chicago into a mixed-use TOD.
News

Lincoln Square Sears Spared Demolition

... West Lawrence Ave is one of scores of Sears locations being shuttered by Sears Holdings. The store is expected to close ... Preservation Chicago's 2016 Chicago 7 list of endangered buildings. Sears commissioned seven Chicago stores in the early 20th century; ...

Jul 26, 2016
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Sears, Santa Monica, CA
News

Santa Monica Sears To Become Mixed-Use Development

... open for 70 years, the Santa Monica Daily Press reports. Sears Holding Corp's Seritage Growth Properties presented tentative plans last ... year to Santa Monica's Landmarks Commission. The Sears Building became a landmark more than 20 years ago. The ...

Jan 24, 2017
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Fair Oaks Mall
News

Fair Oaks Mall To Open Dave & Buster's, New Restaurant In Old Sears Space

... bringing in new concepts to fill old Sears space.  Seritage Growth Properties, the owner ... of the two-story Sears at the Fair Oaks Mall in Fairfax, ... In 2015, Seritage acquired a majority of Sears' real estate portfolio, and it has since ...

Sep 14, 2017
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Add To The Sears/Kmart Closings List: Latest Wave Brings It To Over 200 Shuttered This Year
News

Add To The Sears/Kmart Closings List: Latest Wave Brings It To Over 200 Shuttered This Year

... since 2011, Business Insider reported. The move was anticipated after Sears' revenue tumbled 13% in Q3 alone, to $5B. The closings ... . According to Trepp, one of the most concerning is the Sears at the Boulevard Mall in Amherst, NY. The store's ...

Dec 29, 2016
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Sears
News

Seritage Unloads Interest In Eight Sears Assets, Enters New JV With GGP For A Total $248M

... its 50% stake in eight out of 12 Sears assets it owned in an existing joint venture ... Schall said in a statement. Of the eight Sears parcels GGP tapped, the most high-profile asset ... in spring 2017 when news broke that Sears was facing its "end times."

Jul 17, 2017
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Northwood Ravin
News

Could Gwinnett Place's Closing Sears Become Apartments?

... case as the Gwinnett Place Mall's shuttering Sears store is set to change hands. Northwood ... Ravin has agreed to buy the Sears anchor at the 1M SF mall in ... reports. This comes on the heels of Sears announcing that the Gwinnett Place mall store was ...

Jun 13, 2018
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Bisnow The Workplace of The Future Cadillac Fairview
News

Shuttered Sears To Coffee Shops: Retail's Role In The Office Of The Future

... President Wayne Barwise said. The company purchased a large, closed Sears in Vancouver a few years back.  “We converted the first ...

Nov 14, 2017
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Houston, Midtown, Sears
News

What Will Become Of Midtown's Sears? Rice Is Taking Ideas

This week Sears announced it would be closing its iconic ... , bought out the remaining 28 years on Sears' 99-year agreement and purchased three contiguous acres ... from Sears.  With roughly 9.4 acres of prime ...

Oct 12, 2017
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