Chicago-based real estate firm plans to buy former Sears property
What’s known about the company’s plans is limited.
TOLEDO, Ohio — A Chicago-based real estate firm, behind projects such as the redevelopment of Westgate, now has its eyes set on the former Sears property.
Abbell Associates, according to multiple published reports, would like to buy the property of the former Sears store on Central Avenue, across from Westgate, and demolish the building that has sat idle for years.
The company intends on securing the purchase at the end of the month. As for its plans for the property, that’s unknown at this time. However, the former Elder Beerman store will not be included in this purchase.