IB Net Payout Yields Model

Is Sears Holdings Finally Turning Into a REIT?

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.


Disclosure: Long SHLD. Please review the disclaimer page fore more details. 



Comments

Mark Holder said…
Hardly doubt SHLD is up 12% due to my article. Sure wish they'd mentioned my name though.

CHICAGO (MarketWatch) -- Retailer Sears Holdings SHLD +12.27% was up nearly 12% Tuesday, leading percentage gainers on the S&P 500. The investment site Seeking Alpha published an item saying the company seeks to lease many of its "under-utilized" real estate assets. The company's realty website says leasing options are available at 3,768 Sears locations.
Mark Holder said…
Another one:

http://blogs.wsj.com/deals/2011/09/27/magical-mystery-of-sears-stock-climb/?mod=yahoo_hs

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