Seritage Growth Properties (SRG) Reports Q4 Loss of $1.57
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Seritage Growth Properties Reports Fourth Quarter and Full Year 2018 Operating Results
February 28, 2019 4:30 PM ESTSigned new leases totaling 3.1 million square feet at an average re-leasing multiple of 3.9x
Ended year with nearly $1.0 billion of cash on hand and committed capital
Subsequent to year end, signed a master lease with successor to Sears Holdings for 51 locations
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) (the Company), a national owner of 232 retail and mixed-use properties totaling approximately 36.3 million square feet of gross leasable area (GLA), today reported financial and operating results for the quarter and year ended December 31, 2018.
Summary Financial... More
