Massive former Sears site in Washington state is on the market [Yahoo! Finance]
Seritage Growth Properties Class A (SRG)
NASDAQ:AMEX Investor Relations:
ir.seritage.com
Company Research
Source: Yahoo! Finance
Last year, The News Tribune wrote about the former Sears site at Overlake Plaza property in Redmond , formerly home to a Sears store, which closed in 2018. Demolition took place in 2022. The department store, which opened in 1971, was one of the chain's largest at the time, at more than 268,000 square feet on more than 14 acres. In a Feb. 24 media release, Heartland LLC, a Seattle-based real estate advisory and investment firm representing property owner Seritage Growth Properties, announced it was marketing the Overlake Seritage property. Seritage was formed in 2015 to take on more than 200 properties nationwide from Sears Holdings — primarily Sears and Kmart store locations. The two retailers merged in 2005, creating Sears Holdings with around 3,500 stores. By 2022, Seritage moved to sell its handful of assets, and Sears itself is down to five U.S. stores in operation. According to Seritage in a November 2025 news release , “The remaining assets are either being marketed
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SRG
News
- Seritage Growth Properties: Term Loan Debt Reduced After Aventura Sale [Seeking Alpha]Seeking Alpha
- 7 best L.A. architecture projects of 2025 [Los Angeles Times (CA)]Los Angeles Times
- Seritage Growth Properties Makes $20 Million Loan Prepayment [Yahoo! Finance]Yahoo! Finance
- Seritage Growth Properties Makes $20 Million Loan PrepaymentBusiness Wire
SRG
Sec Filings
- 2/25/26 - Form 8-K
- 2/24/26 - Form 4
- 2/9/26 - Form 4
- SRG's page on the SEC website