SITE Centers Announces Closing of Sandy Plains Village

BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC) announced today the sale of Sandy Plains Village (Roswell, GA) for $25.0 million, prior to closing costs, prorations and other closing adjustments. $18.1 million of net proceeds were used to repay mortgage debt.

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers located primarily in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.