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Seritage Growth Properties Reports Third Quarter 2016 Operating Results
November 3, 2016 4:08 PM EDTNEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) (the Company), a national owner of 266 properties totaling over 42 million square feet of gross leasable area (GLA), today reported financial and operating results for the three and nine months ended September 30, 2016.
Financial Results
For the three months ended September 30, 2016:
Net loss attributable to common shareholders of $21.1 million, or $0.67 per diluted share Total net operating income (Total NOI) of $48.1 million Funds from Operations (FFO) of $12.3 million, or $0.22 per diluted share... More