According to this news last week, Sears Holdings (SHLD) has apparently made a major move on the long hoped for leasing of their under utilized real estate assets. According to the real estate website, it now has numerous leasing options available for retailers at 3,768 locations. Or nearly all existing stores.
The real estate options include the following:
Store-in-Store Leasing: Establish presence within Sears Holdings Corporation (SHC) store.
Outlots: Outlots to build new retail locations.
Demised space: Establish an independent presence adjacent to an SHC store
In-Line Leasing: Establish an independent presence adjacent to an SHC store
License business: Provide specialized product/service from a location inside an SHC store, fully integrated into operating platform
Specialty Marketing Opportunities: Strategic partnership to creatively reuse non-traditional space
Please read the full article at Seeking Alpha.
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