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Click to Buy: Some Sears Stores Are Being Auctioned Online

  • Apr 11, 2018
  • Marketplace In The News - Wall Street Journal

Cushman & Wakefield and ReaIINSIGHT Marketplace are looking to sell 16 Sears stores via an online auction

Real estate services firm Cushman & Wakefield is partnering with RealINSIGHT Marketplace, an online commercial real estate auction platform, to help Sears sell 16 profitable store locations. The retail stores, 15 of which are attached to malls, are being marketed as sale and lease-back deals, and some properties with agreements that allow modifications could be turned into self-storage, hotel or residential space.

 

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