Sears is downsizing its footprint at the North Riverside Park Mall, 7501 Cermak Road, and will begin consolidating its operations in the upper level of its retail anchor location at the mall’s north end sometime in 2018.
The mall’s general manager, Harvey Ahitow, confirmed on June 23 that Seritage Growth Properties, a real estate trust created in 2015 to buy and lease back more than 200 Sears and Kmart locations in the United States, has leased 50 percent of Sears’ lower level in North Riverside and is working to lease the other half of the lower level, as well as the free-standing auto center.
According to Ahitow, Seritage has signed deal with Round 1, whose family-friendly indoor amusement complexes combine bowling, arcade games, billiards, darts, ping pong and karaoke.
The company, headquartered near Los Angeles, has 22 location in 12 states, including three in Illinois. The nearest Round 1 location is in the Fox Valley Mall in Aurora.
Round 1 has expansion plans that call for it to open 10 to 15 stores annually, according to its corporate website.
Customers pay hourly rates for all activities except for arcade games, and Round 1 locations also sell food and alcohol. Entry is limited to adults 18 and older after 10 p.m. and to people 21 an over after midnight unless accompanied by a guardian who is 25 or older.
The Fox Valley location is open from 10 a.m. to 2 a.m. daily, including major holidays.
Seritage Growth Properties did not respond to an email from the Landmark requesting additional information.
Ahitow said that Round 1 is expected to open in early 2019.
On June 23, Sears Holdings Company announced it was closing 18 unprofitable Sears stores and two Kmart stores, including the Sears at 1601 N. Harlem Ave. in Chicago. Seritage also had tried to attract tenants to lease a portion of that 356,744-square-foot space in addition to the Sears Auto Center at that location.
That Sears store is now slated for closure in September, with the auto center closing in late July, according to a company spokesman.
The liquidation sale at 1601 N. Harlem Ave. will begin June 30.
Tim Inklebarger contributed to this report.