SITE Centers Corp.

SITE Centers Corp. (NYSE: SITC) is a self-administered and self-managed real estate investment trust engaged in owning, leasing, redeveloping and managing shopping centers. The company's website is www.sitecenters.com.

As of December 31, 2025, SITE Centers owns 19 shopping centers, including 11 centers held through two unconsolidated joint ventures, totaling 5.0 million square feet of gross leasable area across 13 states. The company also owns two adjacent office buildings in Beachwood, Ohio, comprising approximately 339,000 square feet, of which it occupies roughly 60,000 square feet and leases approximately 167,000 square feet to third parties. The portfolio achieved an aggregate occupancy rate of 85.9 percent on a pro rata basis, with average annualized base rent per occupied square foot of $22.61.

The company's primary revenue source derives from rental income generated by its portfolio properties. Additional revenue streams include management contracts with unconsolidated joint ventures and a Shared Services Agreement with Curbline Properties Corp., a separate publicly traded company created through a spin-off completed on October 1, 2024. In that transaction, SITE Centers distributed 79 convenience retail properties comprising approximately 2.7 million square feet to shareholders and transferred $800 million in cash to the newly formed entity.

SITE Centers' five largest tenants by annualized base rental revenues are The Kroger Co., Burlington Stores, Inc., Fitness International LLC, Cinemark Holdings, Inc., and AMC Entertainment Holdings, Inc., representing 9.7 percent, 4.5 percent, 4.2 percent, 3.6 percent, and 2.9 percent of aggregate annualized base rental revenues, respectively.

The company employs 155 full-time employees as of December 31, 2025, with 86 percent based at its corporate headquarters in Beachwood, Ohio, and the remainder working in regional offices or remotely. The company currently pursues a strategy focused on marketing and selling its remaining wholly-owned properties and monetizing its investment in the Dividend Trust Portfolio joint venture, with proceeds allocated toward operating expenses, liquidity management, wind-up costs, and shareholder distributions.