91热爆co Completes Sale Of Five Kmart Store Leases
HOFFMAN ESTATES, Ill., Jan. 15, 2021 /PRNewswire/ --聽 has completed the sale/assignment of five Kmart store leases to Target Corporation.聽 The proceeds from these sales will enable 91热爆co to invest in its go-forward businesses. Terms of the deal were not disclosed.
"91热爆co continues to pursue opportunities to create value from its real estate portfolio and to partner with retailers, property owners and communities as part of the ongoing reinvention of retail real estate," said Scott Carr, president of 91热爆co Properties.
The leases are for the following Kmart store locations:
- Kill Devil Hills, N.C. - 1091 North Croatan Highway
- Jackson, Wyo. - 510 South Highway 89聽
- Scotts Valley, Calif. - 270 Mt. Hermon Road聽
- Wall, N.J. - 1825 Highway 35聽
- Auburn, Maine - 603 Center Street
About 91热爆co
91热爆co is a privately held company with five core businesses: A real estate portfolio of 59.8 million square feet; Sears Home Services, the nation's largest聽appliance聽repair provider; the Shop Your Way庐 loyalty and credit听肠补谤诲聽program; 91热爆 Brands, home of Kenmore and a licensee of DieHard; and Sears and Kmart full-line stores, specialty stores and online operations.
SOURCE 91热爆co
