1 Matching Annotations
- Jul 2018
The Six Corners store, like more than 100 other Sears locations, is owned by Seritage Growth Properties, a real estate company controlled by Sears Holdings CEO Eddie Lampert. Seritage, which is publicly traded, has a market value nearly 10 times greater than Sears Holdings.
Interesting to see the interaction between Sears Holdings and Seritage. The value is apparently all in the real estate.