International company buys former Sears properties in Anchorage, including at Midtown Mall

An international real estate firm has purchased the property at the Midtown Mall in Anchorage where Sears was once located, citing the potential for economic growth in a city that’s a growing global cargo hub.

The purchase does not include the space occupied by REI on the mall’s west side, and several small businesses near the outdoor retailer, said Amber Russo, marketing director for the Midtown Mall. That area is owned by Denali Commercial and Carr Family Properties, Russo said.closedBefore Sears’ departure, the indoor shopping center that opened in 1968 had previously been known as The Mall at Sears.

Ami Ziff, director of national retail for Time Equities, said in an email that a vacant second floor the company has acquired could potentially be turned into retail space or be put to some other use to attract more people to the mall.In its statement, Time Equities said the purchases are its first in Alaska. It cited the Ted Stevens Anchorage International Airport,The empty Sears warehouse sits on almost 8 acres and is just a few miles from the airport and the Port of Alaska, the company noted.

what are your thoughts about what Birmingham City University, west midlands police and west midlands ambulance services?

Great. (Sarcasm)

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OCC Found Anchorage Failed to Maintain Proper AML RulesThe USOCC found that Anchorage 'failed to adopt' a Bank Secrecy Act compliance program that met federal rules, according to a consent order published Thursday in which Anchorage neither admits nor denies the regulator's findings. nikhileshde reports USOCC Anchorage nikhileshde Thank you very much_, thx Thank you very much_,,, ࠭ USOCC Anchorage nikhileshde evergreen; every bank: 'failed to adopt and implement a compliance program that adequately covers the required BSA/AML program elements, including internal controls for customer due diligence and procedures for monitoring suspicious activity, BSA officer and staff, and training'
Source: CoinDesk - 🏆 291. / 63 Read more »