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Avita purchases former Sears property at Richland Mall
ONTARIO Avita Health System has purchased the former Sears property at the Richland Mall in Ontario.
The property consists of a vacant two-story building and a freestanding automotive center situated on approximately 17.010 acres of land.
“The increased growth from the community using Avita’s health care services has created a need for expansion,” said Jerome Morasko, CEO/President of Avita Health System. “The purchase of the former Sears store will allow for convenient patient access and meet foreseeable future space needs. This purchase demonstrates our commitment to maintain and grow health services in the region.”
By Lauren Thomas, CNBC •
Updated on January 6, 2021 at 12:54 pm
Bruce Leighty | Photolibrary | Getty Images
Macy s is closing dozens of department stores this year.
The closures are part of a previously announced plan by Macy s to shut 125 locations by 2023, which the retailer outlined last February.
department stores this year, in a bid to move out of underperforming malls and trim a real estate empire that isn t as valued as it once was.
Liquidation sales have already started at some of the locations that are closing. The rest are slated to start later this month.
(See a full list of the closing stores and recently closed locations below.) In 2020, Macy s closed about 30 locations.