---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-251716"
form_type: "8-K"
ticker: "SRG"
cik: "0001628063"
company_name: "Seritage Growth Properties"
filed_at: "2026-06-01T21:09:21+00:00"
generated_at: "2026-06-01T21:11:25.040726+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Seritage enters $50.8M option agreement to sell Dallas property to Arena Development

## Summary
- Purchase price $50,760,000 for Dallas property; buyer is Arena Development Intermediate, LLC.
- Option payment of $169,200 due at signing; monthly payments rise to $274,950 in 2027.
- Closing by Jan 31, 2028, conditioned on buyer obtaining entitlements and adjacent property deal.
- Option payments are incremental to purchase price and non-refundable except per agreement terms.
- No assurance buyer will exercise option; PSA cross-conditioned with related agreement.

## SEC filing metadata
- accession: 0001193125-26-251716
- form_type: 8-K
- ticker: SRG
- cik: 0001628063
- company_name: Seritage Growth Properties
- filed_at: 2026-06-01T21:09:21+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628063/000119312526251716/0001193125-26-251716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628063/000119312526251716/srg-20260601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-251716
- JSON: https://secwatch.observer/filing/0001193125-26-251716.json
- Plain text: https://secwatch.observer/filing/0001193125-26-251716.txt

## Source-grounded claims
- claim_id: 5697852db898f07751e3688ed2d5deb21095d9b0
  claim: Seritage Growth Properties entered into PSA with Arena Development Intermediate, LLC valued at $50,760,000 (effective 2026-06-01).
  evidence_excerpt: On June 1, 2026 (the “Effective Date”), a subsidiary (the "Seller") of Seritage Growth Properties (the "Company") entered into an option purchase and sale agreement (the “PSA”) with Arena Development Intermediate, LLC, a Delaware limited liability company (the “Buyer”) for the sale of the Seller’s property located in Dallas, Texas (the "Property").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628063/000119312526251716/0001193125-26-251716-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.