other material
confidence high
sentiment neutral
materiality 0.65
SITE Centers sells The Pike Outlets for $50M in cash
SITE Centers Corp.
- Sold ground leasehold interest in The Pike Outlets (Long Beach, CA) for $50.0 million cash.
- Net proceeds at closing were approximately $46.5 million.
- Purchaser: Pike Long Beach Owner LLC.
- Sale completed on June 30, 2026.