SITE Centers Announces Sale of The Maxwell

SITE Centers Announces Sale of The Maxwell

BEACHWOOD, Ohio–(BUSINESS WIRE)–
SITE Centers Corp. (NYSE: SITC) announced today the sale of The Maxwell (Chicago, IL) for approximately $15.3 million. Net proceeds after adjustments for certain prorations, allocations and other closing adjustments were approximately $13.9 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.

Gerald Morgan, EVP

Chief Financial Officer

216-755-5500

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: REIT Other Construction & Property Commercial Building & Real Estate Construction & Property Urban Planning

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