Real estate firm National Retail Properties of Orlando, Fla. purchased for $14.4 million the land and building housing the BJ's Wholesale Club on Route 20 in Auburn.
New York City real estate investment firm Rabina Properties has refinanced its Auburn industrial warehouse for $15 million, according to Worcester real estate firm Kelleher & Sadowsky, which arranged the deal.
The Auburn Mall Sears and The Mall at Whitney Field Sears in Leominster will be closed by February of next year as Sears, now owned by Illinois holding company Transformco, sheds over 40% of its Sears and Kmart locations around the country.
Olympia Sports has begun the closing sales of 76 stores with $44 million in inventory, including five in Central Massachusetts, as the acquisition of the Maine company by sports retailer JackRabbit moves forward.
Clothing retailer Forever 21, with three Central Massachusetts locations, has filed for Chapter 11 bankruptcy and could close as many as 178 U.S. stores and more than 300 overall.Â
The financial institution Webster Five is leaving its headquarters in Webster and planning an extensive redesign of a former Reliant Medical Group facility after purchasing the Auburn property for $2.75 million.