The Real Deal Miami

Sears lists four stores and a distribution center in Central Florida for sale

The struggling retailer hired brokerage firm Avison Young to market and sell stores in Daytona Beach, Port Richey and Tampa, and a distribution center in Ocala
September 16, 2018 11:00AM

Avison Young is marketing 2.35 million square feet of Sears property in Florida.

Struggling Sears exclusively retained brokerage firm Avison Young to sell five Central Florida properties including three department stores and the largest Sears distribution center in the state.

Avison Young’s Florida Capital Group will market the five properties totaling 2.35 million square feet.

The largest of the properties is the 1.93 million-square-foot Sears Southeast Distribution Center at 655 Southwest 52 Avenue in Ocala.

The smallest is a 126,336-square-foot store at 9409 U.S. Highway 19 in Port Richey.

Avison Young will market a 123,790-square-foot Sears store in Tampa at 7902 Citrus Park Town Center Boulevard and a 10,132-square-foot Sears Auto store in Tampa at 13193 Citrus Park Town Center Boulevard.

The brokerage firm also will market a 152,542-square-foot store at the Volusia Mall at 1700 West International Speedway Boulevard in Daytona Beach.

The Avison Young team marketing the Sears properties includes principal Miami managing director Michael T. Fay, principals John K. Crotty and David Duckworth, senior vice presidents Jay A. Ziv and Ray Hayhurst, and senior associates Joshua Ladle and Brian de la Fé. – Mike Seemuth