City development authority authorizes purchase of Sears property at Westminster Mall
“The Westminster Economic Development Authority Monday night authorized the Westminster City Manager to buy the 7.9-acre property at 5501 W. 88th Ave. which contains a Sears store and automotive center.
The authority will buy the property for $4.2 million with the closing anticipated to be Feb. 29.
The city said that Sears will remain on the property until the end of June. The store and the auto center will then be demolished.”
Pankratz, Howard. The Denver Post 24 January 2012.