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Report: Sears pushes to lease space to outside retailers
Hoffman Estates, Ill. -- A Friday report by Wall Street Journal said that Sears Holdings Corp. is in an active push to lease surplus space to other retailers. Its real estate division has listed on its website some 4,000 of its namesake and Kmart stores that have space for other merchants or retail operations to lease.
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Crossman negotiates three new long-term leases
Orlando, Fla. -- Crossman & Co. said Friday it has negotiated three lease agreements totaling 4,955 sq. ft. at shopping centers in Largo and Marco Island, Fla.
Sage’s West Bay Bistro leased 2,023 sq. ft. for five years at Pinellas Shopping Center, in Largo. At the West Bay Village Town Centre, in Largo, La Chic salon and spa leased 1,632 sq. ft. for three years. And, Harrison negotiated a new lease at the Shops of Marco, in Marco Island, along with Sapphire Dry Cleaners for 1,300 sq. ft.