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Stock impact report

SITE Centers Provides Second Quarter 2021 Operational Update and Announces Acquisition of Shoppes at Addison Place

SITE Centers Corp. (SITC) 
Last site centers corp. earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Business Wire
BEACHWOOD, Ohio--(BUSINESS WIRE)--SITE Centers Corp. (NYSE: SITC), an owner of open-air shopping centers in suburban, high household income communities, today provided an update on second quarter 2021 operations and announced the acquisition of Shoppes at Addison Place (Delray Beach, Florida) for $40 million as part of presentations at NAREIT’s REITweek 2021 Investor Conference.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210607005689/en/Shoppes at Addison Place in Delray Beach, Florida (Photo: Business Wire)“Operational momentum continues to build with improvements in collections and overall leasing velocity from the strong results reported in the first quarter,” commented David R. Lukes, President and Chief Executive Officer. “Additionally, we are excited to announce the acquisition of Shoppes at Addison Place as part of our strategy of deploying capital into convenience-oriented investments in communities with abov Show less Read more
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