Seritage Growth Properties shares soared Friday, a day after the former real estate investment trust said it will seek approval from investors to sell all of its 161 properties and dissolve the company that spun out of Sears in 2015.
Seritage Shares Surge After Board Seeks Permission To Sell All 161 Properties
Sears Property Spinoff Would Wind Down Over 18 to 30 Months After Shareholder Approval
By Ryan Ori
CoStar News
July 8, 2022 | 5:54 P.M.
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IN THIS ARTICLE
- Properties
- North Riverside Park Mall
7501 Cermak Rd, North Riverside, IL
- Companies
- Seritage Growth Properties
Real Estate