Seaport Entertainment Group posts investor deck outlining Seaport, Las Vegas assets and growth strategy

Seaport Entertainment Group Inc.

Seaport Entertainment Group Inc.

SEG

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  • Seaport Entertainment Group outlined a strategy to build integrated hospitality, events, live entertainment, and arts concepts anchored by the Seaport in Lower Manhattan.
  • Portfolio highlights include the Seaport neighborhood with 450,000 rentable square feet, the 10,000-capacity Las Vegas Ballpark, and 100% ownership of the Las Vegas Aviators.
  • Capital actions and positioning include a $175 million rights offering, a NYSE uplisting, Russell 2000 inclusion, and the sale of the 250 Water Street development project.
  • Operating momentum cited 217,000 square feet of Seaport leasing or programming agreements since the spin-off from Howard Hughes Holdings.
  • Pipeline at Pier 17 includes a 40,000-square-foot event venue targeted to open in 2027, a Meow Wolf space of nearly 82,000 square feet in early 2028.


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