SITE Centers Corp

SITE Centers Corp. is a self-administered and self-managed real estate investment trust (REIT) that is liquidating its open-air shopping center portfolio. During 2026 it has sold wholly-owned shopping centers and joint venture interests, including FlatAcres MarketCenter, 3030 North Broadway, Meadowmont Crossing, The Pike Outlets, Meadowmont Market, Shoppes at Paradise Pointe, The Maxwell, Deer Park Town Center and the Dividend Trust Portfolio. It has returned the proceeds to shareholders through special dividends.

As of November 2, 2026, its remaining real estate consists of two assets:
- The Blocks in Portland, Oregon, a retail property under contract for sale.
- Its Beachwood, Ohio headquarters office buildings, which have about 217,000 square feet of leasable office space, are partly leased to third parties and are being marketed for sale.

The company also earns fee income under a Shared Services Agreement with Curbline Properties Corp., which is also a tenant at the headquarters. SITE Centers carries no debt. It plans to voluntarily de-list its common shares from the NYSE in December 2026, after which they are expected to trade on the OTCID Basic Market. Updated Nov 2, 2026