Transformco: From Retailer to Real Estate Operating Company - Where We Buy #251

Transformco was founded in 2019 to acquire the assets of Sears Holdings, which included 425 Sears and Kmart stores. Today, the company continues to work on monetizing those assets. The former Sears and Kmart stores have been transformed into locations for retailers like Target, Publix, and Wegmans. Moreover, Transformco has expanded its scope beyond retail, completing a recent multifamily development . Scott Carr, President of Real Estate at Transformco, explains, "We aim to transition from being a retailer with real estate to becoming a real estate operating company." This episode also features Shauna Mattis, the Southern California Agency Lead and "Retail Maven" at JLL. Ebere Anokute is a senior research manager for JLL. James Cook is the director of retail research in the Americas for JLL.  Register now for the FREE LinkedIn Live event "Americans are hungry for entertainment" with Velocity Esports, Look Cinemas and Your 3rd Spot: https://tinyurl.com/EWKJUN29 Subscribe: Apple Podcasts | Spotify | Google Podcasts Listen: WhereWeBuy.show  Alexa: Say "Enable the Where We Buy skill" Email: [email protected]  Watch our video show, Everything We Know About Retail: http://everythingweknow.show/ Leave a message on the Where We Buy hotline. We may use it on an upcoming show. Call (602) 633-4061  Read more retail research here:  http://www.us.jll.com/retail Theme music is Run in the Night by The Good Lawdz, under Creative Commons license.