Shoreline Sears store sold to Merlone Geier
Monday, July 24, 2017
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| 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.
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2 comments:
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...
I'll miss the tools and garden section.
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