M&A
confidence high
sentiment neutral
materiality 0.80
SITE Centers completes $495M sale of six shopping centers to Pine Tree affiliate
SITE Centers Corp.
- Sellers (SITE Centers subsidiaries) sold six shopping centers for $495M cash to Pine Tree affiliate, closed June 13, 2024.
- Retained ~94K sq ft at three centers for planned Curbline Properties spin-off.
- Excludes specific parcels: Shops at the Fountains (14,159 sf), Shops on Polaris (70,971 sf), Shops at Tanasbourne (8,477 sf).