A former Sears building along Colfax Avenue in Lakewood has sold, four years after the store closed.
Austin-based Artesia Real Estate Investments purchased the onetime department store at 10785 W. Colfax Ave. last week, according to the brokerage that represented the seller. The deal also included a separate smaller building closer to the street that once housed a Sears Automotive Center.
Artesia already owns the connected Westland Town Center retail complex. It purchased that property, whose tenants include Lowe’s, in November 2021 for $22.5 million, records show. Hodge said the pair started marketing the property in March, after having sold a site across the street to San Antonio-based apartment developer Embrey Partners.
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