Seritage sells shuttered Sears in Boca Raton to Simon for $23M

Simon Property Group finalized its takeover of a shuttered Sears store at Town Center at Boca Raton in Palm Beach County. An affiliate of Indianapolis-based Simon, led by David Simon, paid $23 million to an affiliate of New York-based Seritage Growth Properties for the 180,029-square-foot big box store at 5900 West Glades Road, records and […]This article originally appeared on The Real Deal. Click here to read the full story.