SITE Centers Announces Sale of Meadowmont Market

SITE Centers Announces Sale of Meadowmont Market

BEACHWOOD, Ohio–(BUSINESS WIRE)–
SITE Centers Corp. (NYSE: SITC) announced today the sale of Meadowmont Market (Chapel Hill, NC) for approximately $11.0 million. Net proceeds after adjustments for certain prorations, allocations and other closing adjustments was approximately $10.7 million.

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.

For additional information:

Gerald Morgan, EVP and

Chief Financial Officer

SITE Centers Corp.

3300 Enterprise Parkway

Beachwood, OH 44122

216-755-5500

KEYWORDS: North Carolina Ohio United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Restaurant/Bar Other Retail Specialty REIT Retail Department Stores

MEDIA:

Logo
Logo