Seritage Growth

SRG NYSE
45.90
+0.16
+0.35%
After Hours: 45.75 -0.16 -0.34% 16:11 05/22 EDT
Open
45.73
Prev Close
45.74
High
45.99
Low
45.38
Volume
68.88K
Avg Vol (3M)
189.53K
52 Week High
51.89
52 Week Low
30.60
% Turnover
0.19%
Market Cap
1.70B
1D
5D
1M
3M
1Y
5Y

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Company Profile

Seritage Growth Properties (Seritage) is a self-administered and self-managed real estate investment trust. The Company is engaged in the acquisition, ownership, development, redevelopment, management and leasing of diversified retail real estate throughout the United States. Its assets are held by and its operations are primarily conducted through, directly or indirectly, Seritage Growth Properties, L.P. (Operating Partnership). As of December 31, 2016, the Company's portfolio included approximately 42.2 million square feet of gross leasable area (GLA), consisting of 235 owned properties totaling over 36.8 million square feet of GLA across 49 states and Puerto Rico, and interests in 31 joint venture properties totaling over 5.4 million square feet of GLA across 17 states. As of December 31, 2016, it included over 3,000 acres of land or approximately 13 acres per site for its owned properties. Its properties are primarily located in areas, including in California, Florida and Texas.
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