Site Centers sells The Pike Outlets leasehold interest for USD 50 million cash

SITE Centers Corp.

SITE Centers Corp.

SITC

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  • Site Centers sold its leasehold and remaining interests in The Pike Outlets in Long Beach, California for USD 50 million cash.
  • Net proceeds were about USD 46.5 million following prorations, allocations, leasing maintenance, and other credits.
  • Board declared a USD 1 per-share special cash distribution, payable July 31, 2026 to holders of record July 17, 2026.
  • NYSE due-bill trading applies from July 17, 2026 through July 31, 2026; shares go ex-dividend Aug. 3, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Site Centers Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606301843BIZWIRE_USPR_____20260630_BW040572) on June 30, 2026, and is solely responsible for the information contained therein.

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