Seritage Growth Properties to Sell Dallas Property to Arena Development Intermediate for $50.8 Million

MT Newswires Live06-02

Seritage Growth Properties (SRG) has agreed to sell a Dallas property to Arena Development Intermediate for $50.8 million, the company said Monday.

The closing date under the agreement is the earlier of 90 days following the "entitlements period expiration Date and Jan. 31, 2028, the company said in a regulatory filing.

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