Seritage Growth Properties
Seritage Growth Properties (NYSE: SRG) is a fully integrated C Corp and owner of 72 properties totaling approximately 15.5 million square feet.
Last updated September 10, 2026
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Overview
Seritage Growth Properties (NYSE: SRG) is a fully integrated C Corp and owner of 72 properties totaling approximately 15.5 million square feet. Prior to the adoption of the Company's Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. As of December 31, 2025, the Company's portfolio consisted of interests in 10 properties comprised of approximately 0.8 million square feet of gross leasable area or build-to-suit leased area and 156 acres of land. The Company was formed to unlock the underlying value of a high-quality retail real estate portfolio acquired from Sears Holdings in July 2015.
History
Seritage Growth Properties (NYSE: SRG) is a fully integrated C Corp and owner of 72 properties totaling approximately 15.5 million square feet. Prior to the adoption of the Company's Plan of Sale, Seritage was principally engaged in the ownership, development, redevelopment, management, sale and leasing of diversified retail and mixed-use properties throughout the United States. As of December 31, 2025, the Company's portfolio consisted of interests in 10 properties comprised of approximately 0.8 million square feet of gross leasable area or build-to-suit leased area and 156 acres of land. The portfolio encompasses five consolidated properties consisting of approximately 0.3 million square feet of GLA and 71 acres and five unconsolidated entities consisting of approximately 0.5 million square feet of GLA and 85 acres. The Company was formed to unlock the underlying value of a high-quality retail real estate portfolio acquired from Sears Holdings in July 2015. The Company's mission is to maximize value for shareholders by repositioning the Company's portfolio through leasing, redevelopment, formation of strategic partnerships, and other bespoke solutions.
Recent events
Reported
Edward Lampert retires as Seritage chair and board member[4]
Edward Lampert stepped down as chair of Seritage Growth Properties and said he would retire from its board immediately. Lampert stated that the move would give him more time for other investments and greater flexibility to explore alternatives for his investment in Seritage.
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