The Sears store near the state Capitol in St. Paul, pitched a few years ago as the anchor of a new development featuring apartments, offices and additional retail, is no longer owned by Sears.

The 187,000-square-foot store and 17 acres of land around it are now owned by Seritage Growth Properties, which leases the space to Sears Holdings. Seritage, a real estate investment trust, was created by Sears last year to raise $2.5 billion from its most valuable properties as it tries to reinvent itself after years of declining sales.

The Pioneer Press reported Thursday that the St. Paul store was being marketed for sale or lease. The store and accompanying Auto Center appear in a listing by Sears Holdings Real Estate as “opportunities” for retailers, developers or brokers.

But that listing is incorrect, according to a Seritage spokesman and corporate filings. Seritage now owns the St. Paul store and accompanying Auto Center.

Seritage has the right to “recapture” space now leased by Sears and use it for other purposes, but has not notified Sears that it intends to do that, according to Howard Riefs, a spokesman for Sears Holdings.

Seritage has begun recapturing space in a handful of Sears stores around the country. It recently signed leases with a beer-and-pizza chain to open restaurants in several former Sears Auto Centers in New York and Maryland. Other stores have been divided and reoccupied by national retailers such as Ulta, Nordstrom Rack and PetSmart.

“To date, we have not received notice from Seritage that they will be exercising that right” at its Twin Cities properties, Riefs said. “As such, the auto centers and stores will continue to remain open as is and we will continue to serve our customers and members.”

Along with the St. Paul store, Seritage also owns Sears stores in Maplewood and Burnsville.

Before spinning off the 250 properties that seeded Seritage, Sears floated a plan to add a four-story office building, an apartment and townhome complex, a parking garage and more than 100,000 square feet of retail space in separate buildings surrounding its St. Paul store.

Illinois-based Sears has seen its fortunes continue to decline as retailing moves away from traditional department stores. The company last month announced it would close its store in Eden Prairie Center after selling the property to a Texas developer.

Correction: Information about the ownership of the Sears store at 425 Rice St. in St. Paul was incorrect in a previous version of this story. The property is now owned by Seritage Growth Properties and leased by Sears Holdings.