Hong Kong investor buys former Sears at Edison Mall for $5.8M

Author: David Dorsey, Gulfshore Business
Published: Updated:

The former Sears buildings on the north end of Edison Mall in Fort Myers were purchased for $5.8 million.

Edison Florida Real Estate LLC bought the buildings at 4125 Cleveland Ave. on Nov. 18. The company is owned by Hong Kong-based Hopewell Holdings Limited. The company could not be reached for comment.

Seritage SRC Finance LLC had owned the property since 2015. Sears vacated the buildings in early 2020, and they have been vacant ever since.

The main building measures 62,040 square feet, and the former garage outparcel measures 21,210 square feet. The combined 83,250 square feet amounts to about $70 per square foot.

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