Wall Street Journal
Troubled department-store chain Sears Holdings Corp. is looking to
cash in on real estate, and some of its stores could be sold online.
Real
estate services firm Cushman & Wakefield is partnering with
Real Insight Marketplace, an online auction platform, to help Sears sell
16 profitable store locations. The 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.. . . more
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