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Seritage Subsidiary Sells Aventura Property for $131M

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Seritage Subsidiary Sells Aventura Property for $131M

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Seritage ( (SRG) ) just unveiled an update.

On September 2, 2025, Seritage‘s subsidiary entered into a purchase and sale agreement with Boulevard Step Ventures LLC for the sale of its property in Aventura, Florida, for $131.0 million, adjusted for unpaid leasing costs. The agreement includes a $5.0 million non-refundable deposit from the buyer, with the closing scheduled for 30 days after the effective date, subject to customary conditions. The buyer can extend the closing by 45 days with an additional non-refundable deposit.

The most recent analyst rating on (SRG) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Seritage stock, see the SRG Stock Forecast page.

Spark’s Take on SRG Stock

According to Spark, TipRanks’ AI Analyst, SRG is a Neutral.

Seritage’s overall stock score is primarily impacted by its poor financial performance, which is a significant concern. However, positive technical indicators and strategic corporate events, such as leadership changes and debt reduction, provide some optimism. The valuation remains unattractive due to negative earnings and no dividend yield.

To see Spark’s full report on SRG stock, click here.

More about Seritage

Average Trading Volume: 108,947

Technical Sentiment Signal: Sell

Current Market Cap: $210.7M

Find detailed analytics on SRG stock on TipRanks’ Stock Analysis page.

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