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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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Five Decades of The Willis Tower
News

Five Decades of The Willis Tower

... broken in 1970, and Sears moved in by 1974. Name: The Sears Tower Owner: Sears Notable tenants: Sears mostly pieced out in ... lawyer tenants. Name: Still The Sears Tower, despite Sears saying “au revoir.” Owners: In 1994, Sears sold the building to Boston- ...

Mar 11, 2015
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Closed
News

Seritage Moves To Sell All Its Assets, Dissolve

... was originally formed in the mid-2010s to own former Sears and Kmart sites, but more recently has diversified into other ...

Jul 08, 2022
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MetroNational To Build 200K SF Retail Development Near Memorial City Mall
News

MetroNational To Build 200K SF Retail Development Near Memorial City Mall

... a then-unnamed shopping center for the site where a Sears formerly stood. MetroNational tore down the department store in 2020 ...

May 19, 2022
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Toys R Us
News

After The Retail Apocalypse: Toys R Us Property Company Emerges From Bankruptcy

... much like Seritage Growth Properties has been selling off former Sears locations. The strategy has been quite successful — Seritage ... has been profitable as Sears has struggled. Major investors in Hill Street include hedge ...

Mar 11, 2019
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JLL OliverMcMillan
News

Jamestown In Talks To Buy The Shops Buckhead Atlanta

The developer that reinvented a former Sears warehouse into an Atlanta mixed-use icon is now turning  ... deep pockets from its German backers — transformed a former multistory Sears warehouse in the heart of Midtown into Ponce City Market ...

Feb 22, 2019
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PREIT CEO Joe Coradino and InvenTrust Properties Corp. CEO Thomas McGuinness at Bisnow National Retail Series East Coast, April 4, 2017
News

PREIT Expects To Bottom Out In 2019, Predicts 2020 Rebound

... all of its big-boxes vacated by department stores like Sears and Macy's, but as the spaces are redeveloped, the ... previously credited its re-leasing success to proactive reclaiming of Sears and Macy's, he assured analysts on the call that ...

Feb 17, 2019
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