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Fidelis Secures Acquisition Financing for 11 Former Sears Retail Properties

Life Insurer Backs Purchase of 1.5 Million-Square-Foot Portfolio
West Towne Mall in Madison, Wisconsin, was among the properties Fidelis Realty Partners acquired from Seritage Growth Properties. (CoStar)
West Towne Mall in Madison, Wisconsin, was among the properties Fidelis Realty Partners acquired from Seritage Growth Properties. (CoStar)

Houston-based Fidelis Realty Partners has secured a loan through Symetra Life Insurance Co. for financing the purchase of a 1.5 million-square-foot portfolio of repurposed and upgraded former Sears retail assets across eight states.

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