March 12, 2018 / 8:19 PM / 5 months ago

BRIEF-Washington Prime Group To Buy 4 Sears Stores For About $28.5 Mln

March 12 (Reuters) - Washington Prime Group Inc:

* WASHINGTON PRIME GROUP TO ACQUIRE FOUR SEARS STORES LOCATED AT TIER ONE ASSETS THROUGH A SALE-LEASEBACK

* WASHINGTON PRIME GROUP INC - DEAL FOR APPROXIMATELY $28.5 MILLION​

* WASHINGTON PRIME GROUP INC - WILL HAVE CONTROL OF THESE PROPERTIES FOR FUTURE REDEVELOPMENT​

* WASHINGTON PRIME GROUP - ‍AGGREGATE BASE RENT UNDER LEASES IS ABOUT $1.25 MILLION PER ANNUM​ Source text for Eikon: Further company coverage:

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