Sears shedding closed stores throughout the Gulf Coast

Investment firm tied to company chairman buys shuttered stores in Tampa, St. Petersburg

By Kevin McQuaid
| 6:00 a.m. April 19, 2019
| 0 Free Articles Remaining!

Commercial Real Estate

Companies led by Sears Holdings’ Chairman Edward Lambert have acquired nearly a dozen Florida shuttered Sears stores through an entity led by a Bay Harbour Islands-based investment firm.

ESL Investments Inc., of Bay Harbour, also is controlled by Lambert, who acquired Sears’ assets earlier this year for $5.2 billion following the iconic retailer’s bankruptcy last fall.