Site Centers CORP. 8-K Filing
Ticker: SITC · Form: 8-K · Filed: Nov 24, 2025 · CIK: 894315
Sentiment: neutral
Filing Stats: 519 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2025-11-24 16:05:27
Key Financial Figures
- $0.10 — h registered Common Shares, Par Value $0.10 Per Share SITC New York Stock Excha
- $126.0 million — tail Partners for an aggregate price of $126.0 million in cash, subject to adjustment for cert
- $38.2 million — and credits. At closing, approximately $38.2 million of sale proceeds were used to repay mor
- $137.6 million — for an aggregate price of approximately $137.6 million in cash, subject to adjustment for cert
- $98.4 million — sing, the Company applied approximately $98.4 million of sale proceeds to the full repayment
- $7.0 million — ted make-whole premium of approximately $7.0 million. SIGNATURES Pursuant to the require
Filing Documents
- sitc-20251121.htm (8-K) — 40KB
- 0001193125-25-293669.txt ( ) — 139KB
- sitc-20251121.xsd (EX-101.SCH) — 23KB
- sitc-20251121_htm.xml (XML) — 4KB
01 Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets. On November 21, 2025, subsidiaries of SITE Centers Corp. (the "Company") completed the previously announced sale of their interests in East Hanover Plaza (East Hanover, NJ), Southmont Plaza (Easton, PA) and Stow Community Center (Stow, OH) to affiliates of Haverford Retail Partners for an aggregate price of $126.0 million in cash, subject to adjustment for certain closing pro-rations, allocations and credits. At closing, approximately $38.2 million of sale proceeds were used to repay mortgage indebtedness. Also on November 21, 2025, a subsidiary of the Company completed the previously announced sale of its interests in Nassau Park Pavilion (Princeton, New Jersey) to B33 Nassau Park Pavilion III LLC for an aggregate price of approximately $137.6 million in cash, subject to adjustment for certain closing pro-rations, allocations and credits. At closing, the Company applied approximately $98.4 million of sale proceeds to the full repayment of a mortgage loan secured by the property and paid a related make-whole premium of approximately $7.0 million.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SITE Centers Corp. Date: November 24, 2025 By: /s/ Aaron M. Kitlowski Name: Aaron M. Kitlowski Title: Executive Vice President, General Counsel and Secretary