... Mall in Southern Dallas, where his firm transformed a former Sears building into a 150K SF medical facility for UT Southwestern ... of the Cedars area of Dallas. He bought a former Sears warehouse and turned it into the South Side on Lamar ...
The 10-year loan carries an interest rate of 7.125% and matures in October 2035. The loan, as well as financing for Springfield Town Center and Woodland Mall, has generated $286M in loan proceeds and has reduced the total portfolio weighted average ...
... , a 287K SF office mid-rise in the former Midtown Sears space, is more than 90% leased, including to Chevron, Microsoft ...
... as part of its proactive repositioning strategy, yet between Sears and Kmart, 12 stores remain open in Greater Philadelphia ... it based on the cost of construction.” Challenges Beyond Sears Despite stock market volatility and ongoing geopolitical tensions, ...
... a museum at the mall in what was formerly the Sears anchor space by being the space’s lease signatory. The ...
... growing its local holdings — it purchased the vacant 180K SF Sears site at the Town Center at Boca Raton this month ...
... . Among the Shopoff share of the mall site are vacant Sears and Macy's spaces. The plan called for the construction ...
... ’s remained open and was even renovated after outliving the Sears and JCPenney locations that used to serve as fellow anchors ... history. In the years since, other chains have virtually disappeared. Sears went from 700 stores to just eight nationwide. Macy’s ...
Seritage CEO and President Andrea Olshan is leaving the company next month, the company announced Friday. She and the board of trustees reached a deal for her to relinquish her role and position on the board on April 11, with current board Chairman Adam ...
... . To increase financial flexibility and enhance overall liquidity, Sears executed a $440M financing plan secured by 138 properties ... opportunities while in a leaseback scenario with Sears. Each of the Sears locations is open and operating. In time ...
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