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The Kmart in the Springfield Plaza shopping center, pictured in June 2018
News

Supermarket To Take Over Former Kmart Space In Northern Virginia

... south of the interchange of the Beltway and Interstate 395.  Sears and Kmart stores have continued to close this year following ... Sears' October 2018 bankruptcy filing. The latest round of 96 closures ...

Nov 11, 2019
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Larry Rose and Peter Michelis
News

Up Close with Peter Michelis and Larry Rose

... Seritage, which owns 224 properties leased to Sears and Kmart. One of the properties is ... , where Michelis and Rose are redeveloping the Sears box into a multi-level, mixed-use ... will include a Dave and Buster’s. Sears will continue to operate at the location, ...

Jan 11, 2017
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This Week's Denver Deal Sheet
News

This Week's Denver Deal Sheet

... -acre, 164K SF site in Lakewood that includes a former Sears department store, for an undisclosed price. Travis Hodge and Anthony ...

Nov 30, 2022
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15 Things You Need to Know This Morning
News

15 Things You Need to Know This Morning

... Company Have a Premier-Level Training Program? Add To The Sears/Kmart Closing List: Latest Wave Brings It To Over 200 ... Shuttered This Year Plans Emerge For Former Sears In Lake Jackson Mall The Industry Is Preparing For Trump ...

Dec 30, 2016
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preit joe coradino fashion district philadelphia
News

PREIT To Explore Possible Merger, Sale Of Best Malls As Debt Noose Tightens

... -unit apartment building on parcels that had been a vacated Sears anchor and unused land, Coradino said on the earnings call ...

Nov 09, 2022
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Six Corners, Chicago
News

It's Beginning To Look A Lot Like Christmas At These 5 Retail Districts

... a Jewel-Osco and the last Sears department store in operation within the Chicago ... it is uncertainty over if that Sears store will survive. Same-store sales declined ... company struggles to regain liquidity. Experts believed Sears would not even make it to the ...

Nov 29, 2017
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Gwinnett Place Mall Northwood Ravin
News

Stranger Things Mall Needs More Than Hollywood Magic To Come Alive Again

... investment in Gwinnett Place and its potential plans for its Sears holding since the purchase. Director of Development Ben Yorker will ... on what Northwood Ravin's plans are for the former Sears store. While Northwood Ravin is a multifamily developer, Yorker ...

Aug 08, 2019
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Abandoned Warehouses Are Being Transformed Into Popular Mixed-Use Developments
News

Abandoned Warehouses Are Being Transformed Into Popular Mixed-Use Developments

... for all, CityLab reports. In Midtown Minneapolis, the old Sears building, which was abandoned during the crack epidemic of ... the future. But gentrification caused by revitalization of the Sears buildings has led to development booms and massive increases in ...

Nov 20, 2017
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New Study, Proposal From Elizabeth Warren Scrutinize Retail's Private Equity Problem
News

New Study, Proposal From Elizabeth Warren Scrutinize Retail's Private Equity Problem

... Seritage has flourished selling and redeveloping the properties left behind. Sears' other owners and creditors have sued Lampert, claiming that ... may have eased some debt burden, but it sabotaged Sears' long-term health, the suit argued. Treasury Secretary ...

Jul 28, 2019
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Piece Of Hollywood History Getting $600M Glow-Up Under New Owners
News

Piece Of Hollywood History Getting $600M Glow-Up Under New Owners

... on a Santa Monica Boulevard site that once held a Sears.  “New studios are a reflection of how important this business ...

Sep 30, 2022
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