Seritage Growth Properties

Seritage Growth Properties (NYSE: SRG) is a publicly traded real estate investment trust headquartered in New York City. The Company’s portfolio of 266 properties, consisting of approximately 42 million square feet of retail space is broadly diversified across 49 states and Puerto Rico. The majority of our properties are master leased to Sears Holdings and are operated under either the Sears or K-Mart brand. A number of our properties are leased to leading national retailers such as Nordstrom Rack, Wal-Mart and Dicks Sporting Goods. Seritage is uniquely positioned to re-tenant and redevelop our portfolio of prime real estate into first class multi-tenant shopping centers. EMPLOYMENT Our portfolio and platform present a unique opportunity for growth both as a company and individually. We are seeking experienced, energetic and innovative professionals to join our dynamic and growing team as we embark on the re-tenanting and redevelopment of our properties to their highest and best use. We strive to achieve excellence with a culture of professionalism and integrity and welcome the opportunity to speak to candidates who share these values. Please send resumes to
New York, US
Size (employees)
38 (est)+81%
Seritage Growth Properties was founded in 2015 and is headquartered in New York, US

Seritage Growth Properties Office Locations

Seritage Growth Properties has an office in New York
New York, US (HQ)
489 5th Ave

Seritage Growth Properties Data and Metrics

Seritage Growth Properties Financial Metrics

Seritage Growth Properties's revenue was reported to be $113.6 m in FY, 2016
Numbers are in $, USD

Revenue (FY, 2016)

113.6 m

Net income (FY, 2016)

(38.8 m)

EBIT (FY, 2016)

(9.4 m)

Market capitalization (25-May-2017)

1.4 b

Closing share price (25-May-2017)


Cash (31-Dec-2016)

52 m
Seritage Growth Properties's current market capitalization is $1.4 b.
Numbers are in $, USDFY, 2015FY, 2016


113.6 m113.6 m

Revenue growth, %

General and administrative expense

10 m10 m

Operating expense total

122.9 m122.9 m


(9.4 m)(9.4 m)

EBIT margin, %


Interest expense

(30.5 m)(30.5 m)

Pre tax profit

(37.9 m)(37.9 m)

Income tax expense

(944 k)(944 k)

Net Income

(38.8 m)(38.8 m)
Numbers are in $, USDFY, 2015FY, 2016


62.9 m52 m

Total Assets

2.8 b2.7 b

Accounts Payable

1.1 b

Additional Paid-in Capital

924.5 m925.6 m

Retained Earnings

(38.1 m)(121.3 m)

Total Equity

1.6 b1.4 b

Financial Leverage

1.8 x1.9 x
Numbers are in $, USDFY, 2015FY, 2016

Net Income

(38.8 m)(38.8 m)

Depreciation and Amortization

65.9 m65.9 m

Accounts Receivable

36.7 k(19.8 k)


31.2 k(5.5 k)

Cash From Operating Activities

62.9 m17.7 m

Cash From Investing Activities

(2.7 b)(2.7 b)

Cash From Financing Activities

2.8 b2.8 b

Income Taxes Paid

944 k944 k
Numbers are in $, USDY, 2016


5.4 m

Financial Leverage

1.9 x

Seritage Growth Properties Market Value History

Seritage Growth Properties News and Updates

Seritage Growth Properties Company Life and Culture

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