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SITE Centers Announces Sale of Perimeter Pointe

businesswire.com
SITC The company announced the sale of a property for $48 million. No proceeds were used to repay debt as the mortgage was already paid off. The article is factual and does not indicate a positive or negative outlook.

BEACHWOOD, Ohio--( BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) announced today the sale of Perimeter Pointe (Atlanta, GA) for approximately $48.0 million, prior to closing costs, prorations and other closing adjustments. No proceeds were used to repay mortgage debt as the Company repaid its existing mortgage facility in full on December 18, 2025.

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.