SITE Centers Corp. (NYSE: SITC) announced today the sale of Paradise Village Gateway (Phoenix, AZ) for $28.5 million, prior to closing costs, prorations and other closing adjustments. A portion of net proceeds were used to repay $24.3 million of mortgage debt.
About SITE Centers Corp.
SITE Centers is an owner and manager of open-air shopping centers. 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 .
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