Headquarters: Beachwood, OH, United States
CEO: Mr. David R. Lukes
USD as of April 1, 2022
SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. 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.
SITE Centers Corp. (formerly DDR Corp. and Developers Diversified Realty, Inc.) is a publicly traded real estate investment trust that invests in shopping centers. Founded in 1965 by Bert Wolstein, the company is headquartered in Beachwood, Ohio. As of December 31, 2019 the company owned interests in 170 shopping centers in the United States containing 57.0 million square feet and managed 13.2 million square feet for Retail Value Inc. Notable properties wholly owned by the company include Shopper's World in Framingham, Massachusetts.
Source: Wikipedia, retrieved on March 31, 2022, 9:04 p.m.
Founder(s): Bert Wolstein
David R. Lukes, President & CEO Conor Fennerty, CFO
Revenue: $507 million (2019)
Net income: $101 million (2019)
Total assets: $4.093 billion (2019)
Total equity: $1.981 billion (2019)