Sears Commercial has been named as a preferred appliance supplier by Greystar Real Estate Partners. Kenmore appliances, the nation’s most-awarded brand, will now be offered at many of Greystar’s 385,000 owned and managed apartment homes throughout the United States. Greystar recently announced the acquisition of Riverstone Residential Group, nearly doubling the size of its managed portfolio. This preferred supplier agreement with Sears is the first agreement signed for the benefit of the newly combined companies.
As part of the agreement, Sears Commercial will provide Greystar communities with replacement appliances, as well as appliances for new development and apartments that are being remodeled or rehabilitated. In addition to the Kenmore brand, Sears also carries the nation’s other top 10 appliance brands.
“The Home Appliance business is critical to the overall success of Sears Holdings,” said Arun Arora, President of Home Appliances and Services at Sears Holdings. “And our commercial appliance business plays an important role in achieving that success. We’re excited to be working with Greystar, an organization known for excellence in apartment communities throughout the U.S.”
“We selected Sears because no other company can offer the assets and resources it has nationally, including the Kenmore brand; the nation’s largest maintenance fleet through Sears Home Services; a nationally respected logistics and service organization; and the nation’s largest parts business,” said DeeAnne McClenahan, Senior Director – Procurement and Sustainability, Greystar Real Estate Partners.