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Sears completes sale of 11 stores

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Final closing dates have not yet been announced for 11 full-line Sears stores the company has sold for a total of $270 million.

Two of the stores are in Iowa and one is in Illinois.  Of those, one of the Iowa stores was owned by Sears.  The other Iowa store and the Illinois store listed are leased properties.

“Sears has received the sale proceeds and the stores will continue to operate as Sears locations into 2013 or 2014 with final closing dates to be determined and announced later this year,” said a statement from Sears Holdings Corporation.

The eleven stores sold are:

1450 ALA MOANA BLVD Honolulu HI Leased
1481 CORAL RIDGE AVE Coralville IA Owned
1201 LAKE WOODLANDS The Woodlands TX Owned
20 BELLIS FAIR PKWY Bellingham WA Leased
1751 MADISON AVE Council Bluffs IA Leased
9405 W COLONIAL DR Ocoee FL Owned
1001 APACHE MALL Rochester MN Leased
2000 N NEIL ST Champaign IL Leased
6191 S STATE ST STE 300 Murray UT Owned
2501 W MEMORIAL RD Oklahoma City OK Owned