{"id":928291,"date":"2026-01-16T17:16:03","date_gmt":"2026-01-16T22:16:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/site-centers-announces-sale-of-partnership-interests\/"},"modified":"2026-01-16T17:16:03","modified_gmt":"2026-01-16T22:16:03","slug":"site-centers-announces-sale-of-partnership-interests","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/site-centers-announces-sale-of-partnership-interests\/","title":{"rendered":"SITE Centers Announces Sale of Partnership Interests"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>SITE Centers Announces Sale of Partnership Interests <\/b><\/p>\n<p>BEACHWOOD, Ohio&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSITE Centers Corp. (NYSE: SITC) announced today the sale of its partnership interests in the RVIP IIIB joint venture that owns Deer Park Town Center (Deer Park, IL) to the Company\u2019s existing joint venture partner for approximately $20.8 million, prior to closing costs.<\/p>\n<p><b>About SITE Centers Corp.<\/b><\/p>\n<p>\nSITE 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sitecenters.com%2F&amp;esheet=54398606&amp;newsitemid=20260116678569&amp;lan=en-US&amp;anchor=www.sitecenters.com&amp;index=1&amp;md5=83607b9ad9f989c6e4c29ac0eb010cd4\">www.sitecenters.com<\/a>. To be included in the Company\u2019s e-mail distributions for press releases and other investor news, please click <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sitecenters.com%2Finvestors%2Finformation-request%2Femail-alerts&amp;esheet=54398606&amp;newsitemid=20260116678569&amp;lan=en-US&amp;anchor=here&amp;index=2&amp;md5=73a0c35aa08c757624cbb07a767abcc5\">here<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260116678569r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260116678569\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260116678569\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">For additional information:<br \/>\n<\/span><br \/>Gerald Morgan, EVP and<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/>216-755-5500<\/p>\n<p><b>KEYWORDS:<\/b> Ohio United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> REIT Other Retail Retail Commercial Building &amp; Real Estate Construction &amp; Property<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260116678569\/en\/683103\/3\/site-horzlogo-gradient_rgb.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>SITE Centers Announces Sale of Partnership Interests BEACHWOOD, Ohio&#8211;(BUSINESS WIRE)&#8211; SITE Centers Corp. (NYSE: SITC) announced today the sale of its partnership interests in the RVIP IIIB joint venture that owns Deer Park Town Center (Deer Park, IL) to the Company\u2019s existing joint venture partner for approximately $20.8 million, prior to closing costs. 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\u2019s e-mail distributions for press releases and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/site-centers-announces-sale-of-partnership-interests\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;SITE Centers Announces Sale of Partnership Interests&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-928291","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SITE Centers Announces Sale of Partnership Interests - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/site-centers-announces-sale-of-partnership-interests\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SITE Centers Announces Sale of Partnership Interests - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SITE Centers Announces Sale of Partnership Interests BEACHWOOD, Ohio&#8211;(BUSINESS WIRE)&#8211; SITE Centers Corp. (NYSE: SITC) announced today the sale of its partnership interests in the RVIP IIIB joint venture that owns Deer Park Town Center (Deer Park, IL) to the Company\u2019s existing joint venture partner for approximately $20.8 million, prior to closing costs. 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. 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