HomeLife's Estimated 320,000 SF at Four Area Stores Up for Grabs

ATLANTA-Locally based Haverty Furniture Co., which operates 104 locations, has had its offer rejected to buy four Atlanta area stores Chicago-based HomeLife Co. formerly leased from Sears Roebuck & Co., its founder.

The offered price wasn’t disclosed. The store’s total estimated size is 320,000 sf based on average 80,000 sf per store, according to GlobeSt.com research.

HomeLife filed for protection from its creditors on July 16 of this year under Chapter 11 of the U.S. Bankruptcy Code. The company is selling off 99 stores in 21 states out of a total 133-store national chain.