Seritage Growth Properties
Seritage Growth Properties's Overview
Seritage Growth Properties (NYSE: SRG) is a publicly traded real estate investment trust (REIT) that is currently executing an approved plan of sale of assets and dissolution. The company was initially formed in 2015 to acquire, own, develop, redevelop, and lease a diverse portfolio of retail and mixed-use properties throughout the United States, many of which were formerly Sears and Kmart locations. Its present primary focus is on selling its assets, winding down operations in an orderly manner, and distributing net proceeds to shareholders.
Where is Seritage Growth Properties's Headquarters?
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HQ Function
The New York headquarters coordinates the ongoing asset sales, financial distributions, legal compliance, and administrative tasks related to the company's approved plan of liquidation and dissolution.
Notable Features:
Located in the iconic 500 Fifth Avenue building, a notable skyscraper with Art Deco design elements, offering a prestigious address and proximity to Bryant Park and Grand Central Terminal.
Work Culture:
A focused and lean environment driven by the execution of the company's plan of sale and dissolution. Emphasis on diligent financial management, legal processes, and maximizing shareholder returns during the wind-down phase.
HQ Significance:
The headquarters is crucial for managing the orderly sale of assets and distribution of proceeds to shareholders during the company's liquidation phase, ensuring compliance and seeking to maximize value.
Values Reflected in HQ: Prudence, accountability, and a commitment to shareholder value maximization throughout the liquidation process.
Location:
Seritage Growth Properties' operations and property portfolio are, and have historically been, exclusively focused within the United States. The company does not have an international presence, concentrating its activities on its domestic real estate assets.
Street Address:
500 Fifth Avenue, Suite 1530
City:
New York
State/Province:
NY
Country:
USA
Seritage Growth Properties's Global Presence
Buying Intent Signals for Seritage Growth Properties
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Executive Team of Seritage Growth Properties
As of April 2025, Seritage Growth Properties' leadership includes:
Investors of Seritage Growth Properties
Seritage Growth Properties has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
As Seritage Growth Properties is focused on its plan of liquidation and dissolution, major C-suite executive hiring is not anticipated. The current leadership team is overseeing the wind-down process. No high-profile C-suite executive hires or departures have been publicly announced in the last 12 months.
Technology (Tech Stack) used by Seritage Growth Properties
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Seritage Growth Properties Email Formats and Examples
Seritage Growth Properties likely utilizes standard corporate email address formats. Common patterns include combinations of the employee's first name, last name, or initials with the company domain '@seritage.com'.
Common formats include [first_initial][last]@seritage.com (e.g., jdoe@seritage.com) or [first].[last]@seritage.com (e.g., jane.doe@seritage.com).
Format
aolshan@seritage.com
Example
80%
Success rate
News and media
Business Wire • February 29, 2024
Seritage Growth Properties Reports Fourth Quarter and Full Year 2023 Results
Seritage Growth Properties announced its financial and operating results for the quarter and year ended December 31, 2023. The company provided updates on its asset sale program as part of its ongoing plan of liquidation and dissolution, including details on properties sold and progress in winding down operations....more
Business Wire • December 14, 2023
Seritage Growth Properties Announces Special Cash Dividend of $0.50 Per Share
Seritage Growth Properties announced its Board of Trustees declared a special cash dividend of $0.50 per Class A and Class C common share, payable on January 10, 2024, to shareholders of record as of December 27, 2023. This distribution is part of the company's plan to return capital to shareholders during its liquidation process....more
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