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February 23, 2024
Dick’s Sporting Goods plans to move into the former Sears at Westmoreland Mall, according to the company that controls the property. The Findlay-based sporting goods chain already has a store behind the mall in Hempfield. Dick’s hasn’t responded to requests seeking comment about the move. Transformco Properties, a Chicago-area company
September 24, 2023
Sears closed its Roanoke store nearly four years ago. The space was used for a temporary COVID-19 vaccination clinic for a time, but a longer term use remains unclear. Meanwhile theres a nationwide trend of repurposing former big box retail space for recreational and other uses.
September 8, 2023
Gotion plans to turn a vacant warehouse into a battery factory in just a year. Li Zhen, founder and chairman of the Chinese battery conglomerate, told a crowd gathered inside the cavernous former Kmart distribution center today that he expects to be back in 12 months for the opening of the…
August 11, 2023
The company, which calls itself the largest lifestyle retailer in the U.S. and was founded in 1938, sells products for home improvement, agriculture, lawn and garden, livestock, equine and pet care.
August 1, 2022
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May 16, 2022
Transformco Properties is targeting the sites for redevelopment with warehouse, industrial and retail as possibilities for the Regency location.
May 3, 2022
The new owner of Oakland Mall in Troy has added the former Sears, Roebuck and Co. store at Lakeside Mall in Sterling Heights to his real estate portfolio. Mario Kiezi said plans for the 323,500-square-foot vacant store along Hall Road, one of the busiest retail thoroughfares in Southeast Michigan,…
January 26, 2021
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January 19, 2021
By Staff A former Kmart store in Auburn, shuttered since 2019, will get new life as a branch of retailer Target Corp. A lease on the vacant building, at 603 Center St., is one of five transferred from Transformco Properties to Minneapolis-based Target (NYSE: TGT), according to a news release Friday. Terms were not disclosed. On Monday, a Target representative confirmed to Mainebiz that the company has leased the property. Transformco is a private, Illinois-based holding company t...
January 15, 2021
Transformco Completes Sale Of Five Kmart Store Leases News provided by Share this article Share this article HOFFMAN ESTATES, Ill., Jan. 15, 2021 /PRNewswire/ -- Transformco Properties has completed the sale/assignment of five Kmart store leases to Target Corporation. The proceeds from these sales will enable Transformco to invest in its go-forward businesses. Terms of the deal were not disclosed. "Transformco continues to pursue opportunities to create value from its real estate portfolio a...