Site Centers Corp

sitecenters.com

Site Centers Corp (NYSE: SITC) is a real estate investment trust (REIT) incorporated in Ohio that owns, leases, redevelops, and manages shopping centers. Revenue is generated primarily from renting properties to tenants, supplemented by management fees from unconsolidated joint ventures and a Shared Services Agreement with Curbline. As of December 31, 2025, the company was in an active wind-down of its wholly-owned portfolio, marketing remaining properties for sale and working to monetize its investment in the Dividend Trust Portfolio joint venture. On October 1, 2024, SITC completed the spin-off of 79 convenience retail properties. The company is self-administered and self-managed, organized under Ohio law. With its portfolio in active disposition, SITC maintained an elevated cash balance as of December 31, 2025, pending resolution of the DTP joint venture. Management contract revenue from unconsolidated joint ventures, including a shared services arrangement with Curbline, represents a secondary income stream alongside rental income from its remaining Portfolio Properties.