Seritage Growth Properties
A real estate investment trust that owns and redevelops former department-store sites across the US, turning aging Sears and Kmart locations into modern shopping, office, and residential properties. It was spun off from Sears Holdings in 2015, which handed over hundreds of stores to the new company in a sale-leaseback deal. The name itself is a mash-up of "Sears" and "heritage," a nod to the retail legacy the firm was built to repurpose.
Class A Common Stock