Sears Holdings Announces Completion of $270 Million Sale of Eleven Sears Stores to General Growth Properties

/PRNewswire/ -- Sears Holdings Corporation (NASDAQ: SHLD) announced today the completion of the sale of eleven Sears full line store locations to General Growth Properties for $270 million. Sears has received the sale proceeds and the stores will continue to operate as Sears locations into 2013 or 2014 with final closing dates to be determined and announced later this year. Each of the Sears stores was part of an existing General Growth property. The transaction included the list of owned and leased stores listed below. 1450 ALA MOANA BLVD Honolulu HI Leased 1481 CORAL RIDGE AVE Coralville IA Owned