Name | Value |
---|---|
Revenues | 3.3M |
Cost of Revenue | 5.2M |
Gross Profit | -6.4M |
Operating Expense | 11.6M |
Operating I/L | -13.5M |
Other Income/Expense | -8.4M |
Interest Income | 0.0M |
Pretax | -21.9M |
Income Tax Expense | 0.1M |
Net Income/Loss | -22.0M |
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.