Sears Corp. recently signaled its intent to exit leases on 17 unprofitable stores totaling 1.7 million sq. ft., and as part of an existing master lease agreement will pay its REIT spin-off, Seritage Growth Properties...
Detroit’s commercial property sectors are rebounding, albeit slowly and steadily. The automotive industry’s resurgence and new attention paid to the city by technology companies should continue to bolster...
