Seritage Growth Properties (SRG) Reports Q1 Loss of $0.23
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Seritage Growth Properties Reports First Quarter 2019 Operating Results
May 2, 2019 4:21 PM EDTSigned new leases totaling $11.0 million of base rent at an average of over $30 PSF
Increased diversified, non-Sears base rent to $159 million and 83% of total base rent, including signed leases
Ended quarter with over $875 million of liquidity, including cash on hand and committed capital
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) (the Company), a national owner of 225 retail and mixed-use properties totaling approximately 35.6 million square feet of gross leasable area (GLA), today reported financial and operating results for the quarter ended March 31, 2019.
Summary Financial... More
