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Chapel Hills owner buys vacant Kmart building

The Garrison Investment Group, which owns the Chapel Hills Mall, bought the 88,000-square-foot building formerly occupied by Kmart that’s attached to the east end of the shopping center. The space has been vacant and blocked off from the rest of the mall since Kmart closed in 2009. New York-based Garrison Investment Group purchased the empty… Continue Reading Chapel Hills owner buys vacant Kmart building

Sears Holdings announced today that it plans to close 100 to 120 Kmart and Sears stores nationally, but it’s unknown whether Colorado Springs locations are on the list. Local store managers did not  return calls for comment. Sears has a store in the Chapel Hills Mall at 1650 Briargate Blvd. and a stand-alone location in… Continue Reading Sears, Kmart to close 120 stores, Springs’ status uncertain

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