Pages

▼

Monday, July 24, 2017

Shoreline Sears store sold to Merlone Geier

Sears, upper level entrance
Photo courtesy Merlone Geier
The Sears chain, which has been struggling nationally as a result of online shopping, has sold its Shoreline store to Merlone Geier for the bargain price of $14.75 million.

Merlone Geier buys and manages major retail spaces. Locally, they own Town Center in Lake Forest Park, and Shoreline Marketplace (Mud Bay, Trader Joe's, Everett Clinic) on N 175th in Shoreline.

Sears will continue to operate, but Merlone Geier is already advertising space for lease in the building.



at

2 comments:

  1. AnonymousJuly 26, 2017 at 10:22 PM

    I'm really sad to hear this news, but I sure hope the Lands End section remains open! -LandsEnd is currently the best family clothing shopping available *IN* shoreline! ....having to get in the car & drive all the way to Nordstrom's (in Northgate) is just too far away...

    ReplyDelete
  2. liverdonorJanuary 6, 2018 at 4:36 PM

    I'll miss the tools and garden section.

    ReplyDelete

We encourage the thoughtful sharing of information and ideas. We expect comments to be civil and respectful, with no personal attacks or offensive language. We reserve the right to delete any comment.