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Post# of 364056
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Re: jimmybob post# 292820

Friday, 05/13/2016 11:11:35 AM

Friday, May 13, 2016 11:11:35 AM

Post# of 364056
Ironically, the Sears Holdings (NASDAQ: SHLD) REIT Seritage Growth Properties (NYSE: SRG) brick-and-mortar redevelopment program has outperformed Amazon shares by a factor of 5x YTD. Seritage also pays a dividend of $1.00 per year. So, 100 shares will cover your Amazon Prime membership, with a buck left over for popcorn.

Seritage is reclaiming and upgrading Sears/Kmart locations where the average rents are just $4.31 per square foot. This space is being re-let to top performing retailers, restaurants and other tenants willing to pay market rates which are 3x to 10x higher.

My original bullish thesis on Seritage is an SA PRO article which can be found here and most recent SA update is available for readers here.

http://seekingalpha.com/article/3974874-amazon-growing-like-weed-cash-reit-landlords-2016-update

Feedback is allways appreciated, as are other (annotated) picks
Twitter: @RTNRTN To follow on ihub: Ihub mark

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