from https://www.newsday.com/business/sears-sunrise-mall-retailer-department-store-massapequa-urban-edge-properties-1.50383155
On Sept. 29, Urban Edge reached an agreement with Sears’ and Kmart’s parent company, Transform Holdco LLC, to terminate its remaining leases at Sunrise Mall [in Massapequa NY], Bruckner Commons in the Bronx and The Outlets of Montehiedra in Puerto Rico effective Oct. 15, according to Urban Edge’s SEC filing.
The deal called for Urban Edge to pay $20 million to recapture control of the spaces, according to the filing.
This explains the sudden, non-liquidation closings of the Bronx Kmart and the Massapequa Sears. The Puerto Rico Kmart had already closed after an ordinary liquidation.