Seritage Growth Properties: Business Overview, Financials & Competitive Analysis
Seritage Growth Properties scores 3/10 on the AskCyborg Cyborg Score (Challenged). Seritage is a distressed-value liquidation play with uncertain near-term catalysts and limited upside potential in current market conditions. Seritage faces structural headwinds as a liquidating entity in a difficult retail real estate market. The stock trades near multi-year lows ($3.16-3.40), has negative analyst consensus (Sell ratings), and institutional investor.
What is Seritage Growth Properties's industry? Seritage Growth Properties (seritage.com) operates in Retail Real Estate Investment Trust (REIT) / Liquidating Company. AskCyborg classifies Seritage Growth Properties under Retail Real Estate Investment Trust (REIT) / Liquidating Company in its company registry.
Seritage Growth Properties is a publicly traded real estate investment trust (REIT) formed in 2015 as a spin-off from Sears Holdings. The company owns a diversified portfolio of retail and mixed-use properties previou...
Cyborg Score thesis
Seritage is a distressed-value liquidation play with uncertain near-term catalysts and limited upside potential in current market...
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Get Current Report FreeSeritage Growth Properties Overview
Pro stress-test →Seritage Growth Properties is a publicly traded real estate investment trust (REIT) formed in 2015 as a spin-off from Sears Holdings. The company owns a diversified portfolio of retail and mixed-use properties previously under Sears and Kmart banners, with 13 properties comprising 1.3 million square feet of leasable area as of September 2025.
Strategic Profile
Pro stress-test →Seritage is executing a Plan of Sale to liquidate its real estate portfolio over multiple years (2026 and beyond). The company is reducing operating costs and selling assets systematically to maximize shareholder value during the wind-down process. Market conditions and asset sales timing remain key drivers of long-term shareholder returns.
Competitive Landscape
Pro stress-test →Seritage operates in a challenged retail REIT sector competing with larger peers like STORE Capital and Spirit Realty Capital, but its liquidation-focused strategy differentiates it. The company faces headwinds from secular retail decline, e-commerce growth, and limited institutional investor appetite for distressed real estate portfolios.
Industry Context
Seritage Growth Properties operates in Retail Real Estate Investment Trust (REIT) / Liquidating Company.
Key facts
Founded: 2015 · Headquarters: New York, US · Market cap: $166.5M