Long Beach
The Long Beach Redevelopment Agency has entered escrow to buy property and leaseholds on two blocks on Long Beach Boulevard across from the Long Beach Plaza mall. Roger Anderman, assistant executive director of the redevelopment agency, said the agency has agreed to buy the closed Sears department store and adjacent parking area for an undisclosed price. Escrow will close by Dec. 31, Anderman said.
Sears owns about one-fifth of the property and leases the rest, except for businesses on the southeast corner of Long Beach Boulevard and 6th Street, and the northeast corner of Long Beach Boulevard and 4th Street.
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