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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.\\xa0

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