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Sears Looking To Profit from Extensive Real Estate Holdings

 

By Mark Heschmeyer

April 28, 2010

 

Sears Holdings Corp., the nation's fourth largest broadline retailer with 3,900 full-line and specialty retail stores in the United States and Canada, has launched a web site to leverage its extensive real estate holdings, as well as to dispose of its closed Sears and Kmart locations. The site is to be officially announced next month at the International Council of Shopping Centers annual convention.

 

The site www.shcrealty.com currently lists 3,779 opportunities across a wide variety of formats within the operating store portfolio, including outlots, demised space, in-line leasing and store-in-store leasing.

 

http://www.costar.com/news/Article.aspx?id=C8080A1234964A24E883C2F7600634E0

 

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