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Title : Shoreline Sears store sold to Merlone Geier
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Shoreline Sears store sold to Merlone Geier

Sears, upper level entrance
Photo courtesy Merlone Geier

The Sears chain, which has been struggling nationally as a result of online shopping, has sold its Shoreline store to Merlone Geier for the bargain price of $14.75 million.

Merlone Geier buys and manages major retail spaces. Locally, they own Town Center in Lake Forest Park, and Shoreline Marketplace (Mud Bay, Trader Joe's, Everett Clinic) on N 175th in Shoreline.

Sears will continue to operate, but Merlone Geier is already advertising space for lease in the building.

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