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for $ 332 million. In March of the next year, the company agreed to exit its
Brazilian joint venture by selling its stake to the firm's largest shareholder for $ 343.6 million. In October 2014 DDR Corp. entered into a second joint venture with Blackstone Group, acquiring seventy shopping centers
294:. As of December 31, 2019 the company owned interests in 170 shopping centers in the United States containing 57.0 million square feet and managed 13.2 million square feet for Retail Value Inc. Notable properties wholly owned by the company include
412:
for $ 300 million. In 2002 the company acquired JDN Realty
Corporation for $ 436 million in stock. In February 2011 the company's executive chairman, Scott Wolstein, resigned, and the company was renamed to DDR Corp. that September.
435:
In
February 2015, David Oakes was appointed as president and chief executive officer of the company, though was fired and replaced by Thomas August in July 2016. In January 2016, the company sold
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to
Cypress Equities. In October of the same year, the company sold a 16-property portfolio for $ 390 million in a transaction brokered by
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684:"DDR Accelerates Asset Sales and Reaches an Agreement to Sell its Investment in Brazil for $ 344 million"
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of Retail Value, Inc. Three months later, the company announced a name change to SITE Centers Corp.
822:"HFF Closes $ 390 Million Sale of 16-Property Retail Portfolio Located Throughout New York State"
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as
Developers Diversified Realty, Inc. After two years, the company built its first property, a
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742:"DDR Corp., Blackstone close on $ 1.9 billion shopping-center deal through joint venture"
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Please expand the section to include this information. Further details may exist on the
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605:"Scott Wolstein stepping down as executive chairman of Developers Diversified"
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703:"U.S. shopping center operator DDR to exit Brazil in $ 343.6 million deal"
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781:"DDR Corp. terminates CEO David Oakes, replaces him with Thomas August"
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840:"Retail Value Inc. Announces Completion of Spin-Off From DDR Corp"
389:
On
February 12, 1993 Developers Diversified Realty, Inc. became a
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643:"DDR Corp., Glimcher Realty Trust complete shopping center swap"
512:"Maverick developer and philanthropist Bart Wolstein dies at 77"
408:
In 1998, the company acquired a portfolio of nine properties in
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397:. Two years later the company acquired ten power centers from
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246:
161:
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802:"Cypress Equities acquires Paseo Colorado center in Pasadena"
491:"Developer Scott Wolstein crafts his own 'art of the deal'"
423:
In August 2013 DDR Corp. entered into a joint venture with
556:"DEVELOPERS DIVERSIFIED TO BUY SALT LAKE CITY PROPERTIES"
664:"Regency sells 7 shopping centers to Blackstone-DDR JV"
432:
totaling 15.7 million square feet for $ 1.93 billion.
762:"DDR Appoints David J. Oakes Chief Executive Officer"
723:"DDR Completes $ 4.3 Billion of Transactions in 2014"
580:"DEVELOPMENT COMPANY BUYS RIVAL JDN REALTY FOR STOCK"
625:"DDR Announces New Name, Tagline and Brand Identity"
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949:Real estate investment trusts of the United States
427:and acquired seven open-air shopping centers from
416:In December the company sold Town Center Plaza to
472:"SITE Centers Corp. 2021 Form 10-K Annual Report"
944:Companies listed on the New York Stock Exchange
302:. Its major tenants include retailers such as
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51:SITE Centers headquarters in Beachwood, Ohio
30:
858:"DDR Announces Name Change to SITE Centers"
29:
446:In July 2018, the company completed the
119:(as Developers Diversified Realty, Inc.)
476:U.S. Securities and Exchange Commission
458:
934:American companies established in 1965
603:Jarboe, Michelle (February 15, 2011).
532:"NEW OWNER PLANS SALE OF SOME HOMARTS"
420:in exchange for Polaris Towne Center.
779:Jarboe, Michelle (October 20, 2014).
740:Jarboe, Michelle (October 20, 2014).
466:
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401:during that company's acquisition by
7:
374:SITE Centers was founded in 1965 by
276:Developers Diversified Realty, Inc.
290:, the company is headquartered in
25:
800:Smith, Kevin (January 28, 2016).
662:Jonas, Ilaina (August 13, 2013).
489:DERY, JANET (November 18, 2004).
954:Shopping center management firms
886:Business data for SITE Centers:
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701:Goel, Garima (March 10, 2014).
259:Footnotes / references
1:
924:1993 initial public offerings
510:FINE, ARLENE (May 20, 2004).
939:Companies based in Cleveland
280:real estate investment trust
99:Real estate investment trust
27:American real estate company
429:Regency Centers Corporation
110:; 59 years ago
970:
807:San Gabriel Valley Tribune
399:Homart Development Company
300:Framingham, Massachusetts
257:
44:
35:
395:initial public offering
278:) is a publicly traded
193:$ 125.41 million (2021)
176:$ 532.86 million (2021)
786:Cleveland Plain Dealer
747:Cleveland Plain Dealer
610:Cleveland Plain Dealer
349:is missing information
227:$ 2.036 billion (2021)
210:$ 3.967 billion (2021)
631:. September 12, 2011.
517:Cleveland Jewish News
496:Cleveland Jewish News
418:Glimcher Realty Trust
312:Dick's Sporting Goods
286:. Founded in 1965 by
768:. February 11, 2015.
648:Crain Communications
828:. October 11, 2016.
651:. December 8, 2011.
544:. October 19, 1995.
233:Number of employees
32:
864:. October 9, 2018.
729:. January 6, 2015.
592:. October 8, 2002.
585:The New York Times
561:The New York Times
537:The New York Times
448:corporate spin-off
268:SITE Centers Corp.
83:Russell 1000 Index
31:SITE Centers Corp.
860:(Press release).
842:(Press release).
824:(Press release).
764:(Press release).
725:(Press release).
690:. March 10, 2014.
686:(Press release).
627:(Press release).
393:after making its
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16:(Redirected from
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568:. May 21, 1998.
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249:.sitecenters
217:Total equity
200:Total assets
134:Headquarters
57:Company type
901:SEC filings
826:PR Newswire
766:PR Newswire
727:PR Newswire
688:PR Newswire
629:PR Newswire
320:Ross Stores
316:Ulta Beauty
88:S&P 600
918:Categories
454:References
270:(formerly
237:293 (2021)
183:Net income
147:Key people
891:Bloomberg
382:store in
355:talk page
324:Nordstrom
272:DDR Corp.
153:President
90:component
85:component
69:Traded as
18:DDR Corp.
363:May 2019
308:PetsMart
95:Industry
708:Reuters
669:Reuters
403:GGP Inc
330:History
242:Website
168:Revenue
124:Founder
113: (
105:Founded
77::
906:Yahoo!
896:Google
322:, and
155:&
380:KMart
274:and
251:.com
115:1965
108:1965
79:SITC
75:NYSE
443:.
441:HFF
405:.
386:.
298:in
247:www
162:CFO
157:CEO
920::
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461:^
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361:(
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117:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
