SITE Centers Corp - Company Profile
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SITE Centers Corp (SITE Centers) is a real estate investment trust (REIT) that carries out the acquisition, development, and management of open-air shopping centers. The company provides property-based services including property search, dispositions, 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. The company's majors include Starbucks, Target, and Whole Foods Market. It operates in the US. SITE Centers is headquartered in Beachwood, Ohio, the US.
Headquarters
United States of America
Address
3300 Enterprise Parkway, Beachwood, Ohio, 44122-7200
Website
www.sitecenters.com
Telephone
1 216 7555500
No of Employees
172
Industry
Construction
Ticker Symbol & Exchange
SITC (NYSE)
Revenue (2024)
$277.5M
-38.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
100.2%
(2024 vs 2023)
Market Cap*
$235.6M
Net Profit Margin (2024)
XYZ
226.5%
(2024 vs 2023)
* As of and is in US$
SITE Centers Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Construction Services |
| Property Management Services |
| 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 |
|---|---|---|
| 2026 | Asset Disposal | In March, the company announced the sale of 3030 North Broadway in Chicago, Illinois, the US for US$50.1 million. |
| 2026 | Asset Disposal | In February, the company sold FlatAcres MarketCenter for US$24.4 million. |
| 2025 | Asset Disposal | In December, the company sold Downtown Short Pump in Richmond, Virginia, the US, for US$31.5 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 | 172 | 3,000 | 717 | 227 | 129 |
| 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 | 69 |
| David R. Lukes | Chief Executive Officer; Director; President | Executive Board | 2017 | 55 |
| Gerald R. Morgan | Chief Financial Officer; Director; Executive Vice President; Treasurer | Executive Board | - | - |
| Conor M. Fennerty | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | - |
| Christa A. Vesy | Chief Accounting Officer | Senior Management | 2012 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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