- CEO
- John M. Cattonar
- Full Time Employees
- 220
- Sector
- Real Estate
- Industry
- REIT - Retail
- Address
- 3300 Enterprise Parkway Beachwood OH United States of America 44122
- IPO Date
- Jun 1, 2017
- Business
- SITE Centers Corp. SITE Centers Corp. (NYSE:SITC-PA) operates as a self-administered and self-managed real estate investment trust (REIT) that owns, acquires, develops, redevelops, leases, and manages open-air shopping centers located primarily in affluent suburban communities across the United States with high household incomes; its core offerings encompass retail leasing to a mix of national and regional chains alongside local tenants, comprehensive property management services including maintenance, rent collection, and marketing, and redevelopment initiatives to enhance property value and tenant appeal in grocery-anchored and convenience-oriented centers such as Ahwatukee Foothills Towne Center, Deer Valley Towne Center, Paradise Village Gateway, The Pike Outlets, and Chapel Hills West. The company, founded in 1965 and headquartered in Beachwood, Ohio, targets essential retail needs in top-tier submarkets of major metropolitan statistical areas (MSAs), serving retailers, restaurants, service providers, and consumers through strategically positioned properties that function as last-mile convenience hubs. In recent developments, SITE Centers Corp. actively monetizes its portfolio through multiple property dispositions, including the November 2025 sale of four shopping centers for $263.6 million, the sale of Paradise Village Gateway and Parker Pavilions in November 2025, Edgewater Towne Center in September 2025, and earlier transactions such as a three-property portfolio to Sterling Organization in 2024 and 11 centers for $552.7 million, alongside special common stock distributions like the one announced in October 2025 and selective acquisitions of convenience properties to optimize its balance sheet and focus on high-value assets.