<a href="https://laohu8.com/S/SITC.WI">Site Centers</a> Corp. Sells Properties in NJ, PA, and OH for $126 Million to Haverford Retail Partners
Site Centers Corp. has entered into a material definitive agreement to sell its interests in three properties: East Hanover Plaza in East Hanover, NJ, Southmont Plaza in Easton, PA, and Stow Community Center in Stow, OH. The sale, valued at $126 million in cash, is being conducted with affiliates of Haverford Retail Partners. The transaction, which includes certain adjustments for closing pro-rations and credits, is expected to finalize in the fourth quarter of 2025. The properties currently serve as collateral for a portion of SITE Centers' mortgage debt, with a release price estimated at $39.1 million. The sale is contingent upon customary closing conditions, including tenant estoppel letters and accurate representations by the sellers. A nonrefundable deposit of $2.5 million has been posted by the purchasers, which will be credited against the purchase price upon closing.
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: 0001193125-25-213290), on September 23, 2025, and is solely responsible for the information contained therein.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。