Seritage Growth Properties Growth, Revenue, Number of Employees and Funding

Overview

Location:
Total Funding:$2B
Industry:Real Estate
Founded:2015
Lead Investor(s):Berkshire Hathaway Life Insurance Company of Nebraska
Press

City Ranking

Industry Ranking

State Ranking

Growjo 10k Ranking

Revenue & Financials

  • Seritage Growth Properties's revenue is currently $214.8M per year.
  • Seritage Growth Properties received $2000.0M in venture funding in August 2018.
  • Seritage Growth Properties's revenue per employee is $2587398
  • Seritage Growth Properties's total funding is $2B.

Employee Data

  • Seritage Growth Properties has 83 Employees.
  • Seritage Growth Properties grew their employee count by 14% last year.
  • Seritage Growth Properties currently has 1 job openings.

What Is Seritage Growth Properties?

Seritage Growth Properties (NYSE: SRG) is a publicly traded real estate investment trust headquartered in New York City. The Company's portfolio of 266 properties, consisting of approximately 42 million square feet of retail space is broadly diversified across 49 states and Puerto Rico. The majority of our properties are master leased to Sears Holdings and are operated under either the Sears or K-Mart brand. A number of our properties are leased to leading national retailers such as Nordstrom Rack, Wal-Mart and Dicks Sporting Goods. Seritage is uniquely positioned to re-tenant and redevelop our portfolio of prime real estate into first class multi-tenant shopping centers. EMPLOYMENT Our portfolio and platform present a unique opportunity for growth both as a company and individually. We are seeking experienced, energetic and innovative professionals to join our dynamic and growing team as we embark on the re-tenanting and redevelopment of our properties to their highest and best use. We strive to achieve excellence with a culture of professionalism and integrity and welcome the opportunity to speak to candidates who share these values. Please send resumes to Careers@seritage.com

keywords:N/A

83

Number of Employees

$214.8M

Revenue (est)

1

Current Jobs

14%

Employee Growth %

$2B

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Seritage Growth Properties News

4-Mar-19 - Seritage Growth Properties: Earnings Pressure Hasn't Peaked Yet

In mid-2015, Seritage Growth Properties (NYSE:SRG) was spun off from Sears Holdings in a rights offering, with the goal of redeveloping some

27-Feb-19 - Seritage Growth Properties Will Suspend Its Dividend

Since being spun off from Sears Holdings a few years ago, Seritage Growth Properties (NYSE:SRG) has consistently paid a $0.25 quarterly

1-Mar-19 - Seritage Growth Properties 2018 Q4 - Results - Earnings Call Slides

Seritage Growth Properties 2018 Q4 - Results - Earnings Call Slides ... following slide deck was published by Seritage Growth Properties in

Seritage Growth Properties Funding

DateAmountRoundLead InvestorsReference
2018-08-01$2000.0MUndisclosedBerkshire Hathaway Life Insurance Company of NebraskaArticle

Seritage Growth Properties Executive Hires

DateNameTitleReference
2015-07-13Brian DickmanEVP/CFOArticle
2018-05-22Kenneth LombardEVP/COOArticle