Seritage Growth Properties, a real estate investment trust that emerged from the Sears bankruptcy, is exploring strategic alternatives including a sale of the company, according to people familiar with the matter.
New York-based Seritage, which owns property from Alaska to Florida, is working with the investment bank Barclays Plc on the plans. Seritage is open to a full sale of the company or piecemeal disposal of assets, the people said, asking not to be identified because the matter is private.
