SITE Centers Corp - Company Profile
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SITE Centers Corp (SITE Centers) is a real estate investment trust company that owns and manages retail properties and shopping centers. The company provides property-based services including property search, acquisitions, dispositions, developments, specialty leasing, peripheral land and leasing information. Its specialty leasing service includes temporary and flexible leasing, strategic partnership opportunities, kiosks and retail merchandising units. SITE Center's property portfolio comprises chandler center, Ahwatukee foothills town center, arrowhead crossing, deer valley town center, paradise village gateway, Artesia village, northsight plaza, broadway center, Buena park place, falcon ridge town center and La fiesta square among others. SITE Centers is headquartered in Beachwood, Ohio, the US.
SITE Centers Corp premium industry data and analytics
Products and Services
Services |
---|
Property Management |
Shopping Center Managing |
Acquiring, Owning, Developing, Redeveloping and Leasing |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Regulatory Approval | In October, the company secured an approval from the Board of Directors to spin off Convenience assets into a separate publicly-traded REIT to be named Curbline Properties Corp. |
2021 | Asset Disposal | In November, the company closed US$17.7 million sale of Derby Square, a 125,250-square-foot neighborhood shopping center. |
2021 | Acquisitions/Mergers/Takeovers | In June, the company announced the acquisition of Shoppes at Addison Place (Delray Beach, Florida) for US$40 million. |
Competitor Comparison
Key Parameters | SITE Centers Corp | Simon Property Group Inc | Kimco Realty Corp | Kite Realty Group Trust | Acadia Realty Trust |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Beachwood | Indianapolis | Jericho | Indianapolis | Rye |
State/Province | Ohio | Indiana | New York | Indiana | New York |
No. of Employees | 267 | 2,500 | 639 | 236 | 115 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Terrance R. Ahern | Chairman | Executive Board | 2000 | 67 |
David R. Lukes | President; Director; Chief Executive Officer | Executive Board | 2017 | 53 |
Conor M. Fennerty | Executive Vice President; Treasurer; Chief Financial Officer | Senior Management | 2019 | 37 |
Christa A. Vesy | Chief Accounting Officer; Executive Vice President | Senior Management | 2012 | 52 |
John M. Cattonar | Executive Vice President; Chief Investment Officer | Senior Management | 2021 | 41 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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