How REITs are positioning themselves for Sears’ closures

Simon Property Group¬†executives see opportunity in Sears‘ bankruptcy and store closures, and it plans to invest more than $1 billion in capital to divide the emptied spaces and lease them to new retailers at higher prices. Other REITs such as Washington Prime Group, CBL Properties, Macerich and Kimco are preparing for Sears’ store closures as well. Read the USA Today/Indianapolis Star story here

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