SITE Centers Announces Closing of Sandy Plains Village
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4:54 PM on Monday, July 21
The Associated Press
BEACHWOOD, Ohio--(BUSINESS WIRE)--Jul 21, 2025--
SITE Centers Corp. (NYSE: SITC) announced today the sale of Sandy Plains Village (Roswell, GA) for $25.0 million, prior to closing costs, prorations and other closing adjustments. $18.1 million of net proceeds were used to repay mortgage debt.
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers located primarily in suburban, high household income communities. 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.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250721653294/en/
CONTACT: Gerald Morgan, EVP and
Chief Financial Officer
216-755-5500
KEYWORD: UNITED STATES NORTH AMERICA OHIO
INDUSTRY KEYWORD: RESTAURANT/BAR TOYS OTHER RETAIL DEPARTMENT STORES JEWELRY COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FASHION COSMETICS RETAIL REIT FOOTWEAR HOME GOODS
SOURCE: SITE Centers Corp.
Copyright Business Wire 2025.
PUB: 07/21/2025 04:54 PM/DISC: 07/21/2025 04:54 PM
http://www.businesswire.com/news/home/20250721653294/en