By  on March 12, 2018

Washington Prime Group Inc. is slated to acquire four Sears department stores and four adjacent Sears Auto Centers for $28.5 million in a sale-leaseback transaction.

The locations, which Washington Prime considers Tier One assets, are: Longview Mall, in Longview, Tex.; Polaris Fashion Place, in Columbus, Ohio; Southern Hills Mall, Sioux City, Iowa, and Town Center in Aurora, Aurora, Colo.

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