Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million

Reuters

06-24

Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million

Site Centers Corp. has announced a significant real estate transaction involving its subsidiary, DDR Winter Garden LLC. On June 18, 2025, the subsidiary entered into a Purchase and Sale Agreement with RA2 - Winter Gardens Village LLC. The agreement entails the sale of Winter Garden Village, located in Orlando, Florida, for approximately $165 million in cash. The property is free of any mortgage financing, and the closing is contingent upon several conditions, including the receipt of a satisfactory survey and zoning confirmations by the purchaser. A nonrefundable deposit of $3.3 million has been made by the purchaser, which will be credited towards the purchase price at closing. The transaction is anticipated to be finalized in the third quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Site Centers Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-088969), on June 23, 2025, and is solely responsible for the information contained therein.

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