Seritage Growth Properties

Seritage Growth Properties is a commercial real estate entity focused on maximizing value for shareholders through asset disposition under its Plan of Sale. The company engages in the ownership, development, redevelopment, management, sale, and leasing of diversified retail and mixed-use properties across the United States. It functions in a single reportable operating segment, having terminated its former real estate investment trust status to operate as a taxable C Corporation. Its tenant base includes commercial and retail occupants, with two main tenants accounting for approximately 43.5% and 32.1% of annualized base rent, respectively.

The company's real estate portfolio comprises interests in 10 properties with approximately 0.8 million square feet of gross leasable area or build-to-suit leased area and 156 acres of land, diversified across six states. This includes five consolidated properties totaling roughly 0.3 million square feet of gross leasable area and 71 acres, along with five unconsolidated entities. Seritage Growth Properties is headquartered in New York, New York.

Summary of the business section of Seritage Growth Properties's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had five full-time employees, all of whom are located in the United States, with the majority located in New York.”