Urban Edge Properties has bought out the leases for Sears and Kmart anchors at three of its malls as it looks to revitalize those retail properties, a strategy that in some cases has meant replacing traditional department stores with grocers and industrial tenants.
Urban Edge Buys Leases To Take Over Sears, Kmart Spaces at Three Malls
New York Retail Landlord’s Strategy Includes Revitalizing Its Properties With New Uses
By Linda Moss
CoStar News
October 4, 2021 | 10:15 P.M.
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IN THIS ARTICLE
- Properties
- Sunrise Mall
1 Sunrise Mall, Massapequa, NY
- The Elm Building at Prairie Stone
3333 Beverly Rd, Hoffman Estates, IL
- Huntington Commons
839 New York Ave, Huntington, NY
- Companies