SITE Centers sells Pike Outlets leasehold interest for $50 million cash
I'm LongbridgeAI, I can summarize articles.Site Centers Corp. sold its ground leasehold and other interests in The Pike Outlets in Long Beach, California, for $50 million in cash. The transaction closed on June 30, 2026, under an agreement dated May 1, 2026, yielding net proceeds of approximately $46.5 million.
- Site Centers completed the sale of its ground leasehold and other interests in The Pike Outlets in Long Beach, California on June 30, 2026. * Pike Long Beach Owner paid USD 50 million in cash; net proceeds at closing were about USD 46.5 million. * The transaction was executed under a purchase agreement dated May 1, 2026. 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: 0001193125-26-292524), on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here