SITE Centers Corp.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- David R. Lukes
- Full Time Employees
- 155
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 3300 Enterprise Parkway Beachwood OH United States 44122
- IPO Date
- Feb 2, 1993
- CIK
- 0000894315
- Website
- sitecenters.com
- Similar Companies
- Business
- SITE Centers Corp. (NYSE: SITC) owns, acquires, develops, leases, manages and operates open-air shopping centers primarily located in affluent suburban communities across major U.S. metropolitan statistical areas; its portfolio features grocery-anchored properties, convenience retail centers and community shopping hubs that serve essential retailers including national chains, restaurants, service providers and local tenants, with core services encompassing comprehensive property management, leasing, maintenance, redevelopment, rent collection and marketing to maximize asset value and occupancy. Founded in 1965 as Developers Diversified Realty Inc. by Bert Wolstein and headquartered in Beachwood, Ohio, the self-administered real estate investment trust generates revenue mainly from rental income and management fees, targeting high-income trade areas that emphasize convenience, last-mile accessibility and sustainable community retail experiences in regions such as the Northeast, Southeast, Midwest and Texas. Recent strategic changes include aggressive capital recycling through over $1 billion in dispositions since mid-2023, such as the November 2025 sales of four properties including Paradise Village Gateway and Parker Pavilions, alongside acquisitions of premium convenience assets like Crocker Commons in Cleveland and Maple Corner in Nashville during 2024; the company continues selective divestitures of non-core holdings like East Hanover Plaza and Edgewater Towne Center while pursuing special common stock distributions and portfolio optimization announced in 2025 earnings releases.
Company News
Pine Tree Acquires Sponsor Interest in a 10-Property, $644M Shopping Center Portfolio
SITE Centers Announces Sale of DTP Interests and Special Common Distribution
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BriaCell and BriaPro to Present Four Posters at SITC 2026 Annual Meeting
Critical Comparison: Deutsche Bank Aktiengesellschaft (NYSE:DB) vs. Site Centers (NYSE:SITC)
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MiNK Therapeutics to Present Data on Treatment-Resistant Colorectal Cancer and Clearance of Senescent Tumor Cells and Fibroblasts at SITC 2026
Immuneering to Present at the 41st Annual Meeting of the Society for Immunotherapy of Cancer (SITC)
Candel Therapeutics to Present at the SITC 2026 Annual Meeting
SITE Centers Announces Sale of The Maxwell
SITE Centers Announces Sale of Shoppes at Paradise Pointe
Bank of New York Mellon Corp Makes New $921,000 Investment in Site Centers Corp. $SITC
SITE Centers Reports Second Quarter 2026 Results
SITE Centers Announces Sale of Meadowmont Market
Bessemer Group Inc. Raises Stock Position in Site Centers Corp. $SITC
SITE Centers Announces Sale of The Pike Outlets and Special Common Distribution
SITE Centers Reports First Quarter 2026 Results