Retail News

Mall owner acquires Sears properties for redevelopment

The Columbus Dispatch 03/12/2018

Washington Prime Group has acquired Sears department stores and auto centers in Colorado, Iowa, Ohio and Texas for $28.5 million. The mall owner plans to redevelop the properties as part of a plan to create “hybrid town centers which capture both open-air and enclosed retail space as well as assessing the viability for non-retail use.”

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