2020 CORPORATE RESPONSIBILITY & SUSTAINABILITY REPORT
“2020 was a year that underscored the factors that make SITE Centers excel; namely, the dedicated, hardworking, and thoughtful individuals who continue to work tirelessly toward a more sustainable, more inclusive, and more community-oriented future," says CEO David Lukes.
Hammond Springs, a recent acquisition located in the Sandy Springs neighborhood of Atlanta, highlights our investment strategy of owning real estate in the most convenient locations in the wealthiest submarkets of the U.S. The property is comprised of service-oriented tenants and serves the growing market boasting household incomes exceeding $130k.
We own retail real estate in the most convenient locations in the wealthiest submarkets of the U.S. Shoppes at Addison Place in Delray Beach, Florida, a recent acquisition, highlights this philosophy with the service-oriented convenience strip located within a trade area boasting average household incomes that exceed $100k.
SITE Centers REPORTS 3Q21 OPERATING RESULTS
Highlighted by our highest quarterly leasing volume in two years, the third quarter saw strong leasing demand resulting in positive rental growth and an acceleration in executed shop leases. Our acquisition of Hammond Springs outside of Atlanta further demonstrated our investment strategy focused on wealthy suburbs with an increasing value in convenience from both tenants and consumers.
Our portfolio is composed of properties in the most convenient locations of the wealthiest suburbs in the United States.
High-wage suburban communities with expendable income
The most convenient locations in the most desirable submarkets
Physical locations serving as essential conveninece hubs for goods and services
Our portfolio consists of open-air properties in the most desirable locations in the U.S. With a focus on well-positioned real estate in the suburbs of major MSAs, our centers boast trade areas with impressive average household incomes and significant spending power. SITE Centers properties provide the convenient access that consumers require and the retailers that communities deem essential.
Our employees are the foundation of our business, and we are dedicated to fostering an inclusive, collaborative culture in which everyone can thrive.