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Berkshire Stakes Seritage to $2 Billion Loan Ahead of Sears Store Closings

Seritage Gets $600 Million Cash for Redevelopment
By Rob Smith
August 1, 2018 | 9:01 AM

Seritage is pursuing the redevelopment of former Sears stores, including a mixed-use project in downtown Santa Monica now known as the Mark 302, in which Invesco Real Estate is a 50-percent joint owner.

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