Name | Value |
---|---|
Revenues | 22.9M |
Cost of Revenue | 13.1M |
Gross Profit | 9.8M |
Operating Expense | 26.0M |
Operating I/L | 19.5M |
Other Income/Expense | 73.1M |
Interest Income | 38.7M |
Pretax | 92.6M |
Income Tax Expense | 0.2M |
Net Income/Loss | 92.5M |
Seritage Growth Properties is a publicly-traded REIT focused on unlocking the real estate value of a high-quality retail portfolio acquired from Sears Holdings. With 166 wholly-owned properties and 29 unconsolidated properties across 44 states and Puerto Rico, the company aims to revitalize shopping, dining, entertainment, and mixed-use destinations. By creating enriched experiences for consumers and local communities, Seritage Growth Properties seeks to generate long-term value for its shareholders through the ownership and development of these revitalized properties.