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Sears Property Owner Lists Up to 50 Sites for Sale

REIT Created as Lifeline for Iconic Retailer Is Restructuring Its Portfolio
Seritage Growth Properties has the Sears Grand in Thornton, Colorado, listed for sale. (CoStar)
Seritage Growth Properties has the Sears Grand in Thornton, Colorado, listed for sale. (CoStar)

As many as 50 former Sears department stores have been put up for sale by an owner that plans to shed underused retail real estate in a reflection of the difficulty large store chains have competing with online shopping alternatives.

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