SITE Centers (SITC) Provides 2023 and YTD 2024 Transactions Update
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SITE Centers Provides 2023 and YTD 2024 Transactions Update
January 11, 2024 8:00 AM ESTBEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on fourth quarter 2023 and first quarter to date 2024 transaction activity as part of presentations to certain investors in meetings hosted by Evercore ISI.
SITE Centers closed on the sale of 12 properties in the fourth quarter bringing total dispositions since June 30, 2023 to $854.5 million including fourth quarter dispositions of $736.2 million at a blended 6.5% cap rate. The pace and scale of our asset sales are a testament to the... More
