Short answer
SITE Centers Corp. (SITC) filed an 8-K current report with the SEC on July 1, 2026 reporting Item 2.01 (Completion of Acquisition or Disposition of Assets). The Pike Outlets sold for $50.0 million in cash, completing SITE Centers’ disposition of its Long Beach, California interests.
SITE Centers Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.01 · Completion of Acquisition or Disposition of Assets
- The Pike Outlets sold for $50.0 million in cash, completing SITE Centers’ disposition of its Long Beach, California interests
- Approximately $46.5 million of net proceeds received at closing, supporting liquidity and potential debt reduction
- Transaction reduces SITE Centers’ portfolio exposure to the Pike Outlets and advances asset-disposition activity
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