The Montclair Sears location is one of 51 stores across the country scheduled to close in February. (Photo by Will Lester, ... which studies retail trends in Southern California.

Six other Sears stores in Southern California will close as well: three in Los Angeles County, one in Buena Park in Orange County, Chula Vista and Ventura. Going-out-of-business sales begin Dec. 2.

The largest contributor to expected losses is the REO asset, Montclair Plaza (5.9% of the pool), which is a 1.4 million square foot regional mall located in Montclair, CA, approximately 30 miles ...