SITE Centers Sells Stake In 10-Property Shopping Center Portfolio Valued At $644M To Pine Tree
Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet.
SITE Centers sold a big group of ten shopping centers to Pine Tree. This sale shows the company is reshaping its business by selling properties.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.