SITE Centers Announces Sale of Edgewater Towne Center

BEACHWOOD, Ohio--(BUSINESS WIRE)-- SITE Centers Corp. (NYSE: SITC) announced today the sale of Edgewater Towne Center (Edgewater, NJ) for $53.5 million, prior to closing costs, prorations and other closing adjustments. No proceeds were used to repay mortgage debt. The property consisted of approximately 76,000 square feet of gross leasable retail area and 64 residential rental units.

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/20250929494346/en/

For additional information:
Gerald Morgan, EVP and
Chief Financial Officer

SITE Centers Corp.
3300 Enterprise Parkway
Beachwood, OH 44122
216-755-5500

Source: SITE Centers Corp.

You May Also Be Interested In

• Formentera Partners and Daly Waters Energy Start Commissioning First Natural Gas Plant in the Beetaloo Basin
• HUTCHMED Announces SANOVO Trial Demonstrated Significant Progression-Free Survival Benefit of ORPATHYS® Plus TAGRISSO® in Treatment-Naïve Patients with MET-Overexpressing EGFR-mutated Lung Cancer i
• Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: New Robot Deliveries and Updates from the Middle East; Recap on FF EAI Robotics “Built in USA” Business Partner Conferen