Investments

We invest in and transform properties that enrich communities while creating value for shareholders.

Investments Contact

John Cattonar

SVP of Investments

646-868-4745

646-868-4745

jcattonar@sitecenters.com

Acquisitions

The Transactions team at SITE Centers is focused on investing in retail real estate assets that provide attractive, sustainable returns to shareholders. The core of our investment philosophy rests in acquiring well-positioned, convenience-oriented real estate that leverage long-term demand drivers and utilize our best-in-class management, leasing, analytics, and development teams.

Featured Investments

  • Vintage Plaza

    Austin, Texas

    SITE Centers acquired Vintage Plaza, a shopping center outside of Austin, Texas, in 4Q19. Housing 40,000 square feet of service-oriented tenants, Vintage Plaza serves the booming sub-market of Round Rock, as well as the nearby Dell International Headquarters (13,000+ employees) and the new $1 billion Apple campus. With projected population growth of 14% over the next five years and more nearby office development expected, SITE Centers aims to capitalize on this thriving market to drive future cash flow growth.

  • The Blocks

    Portland, Oregon

    Acquired in 4Q19, The Blocks is an assemblage of ten buildings that serve the Pearl District of Portland, Oregon, one of the most desirable places to live on the West Coast. The Blocks is situated at the base of the most in-demand residential towers in Portland and houses approximately 40 retail and service-oriented tenants that cater to the thriving live-work community. The acquisition of The Blocks represents a distinct opportunity for SITE Centers to capitalize on the sub-market’s population growth and strong existing tenant sales.

  • Southtown Center

    Tampa, Florida

    Southtown Center was added to the SITE Centers portfolio in 4Q19. This 43,000-square-foot shopping center is prominently located on the bustling retail corridor of South Dale Mabry Highway in Tampa, Florida, and is nestled between Publix and Sprouts Farmers Market, the area’s top traditional and specialty grocers, respectively. These two shadow anchors draw substantial traffic to the center and allow SITE Centers to capitalize on their consumers. With the traffic and demand afforded to the location, as well as the high density and incomes in the South Tampa submarket, Southtown offers a pronounced opportunity to create value via improved merchandising and occupancy.

Dispositions

Active portfolio management results in the recycling of capital out of mature, slower growing assets into those properties with greater value-enhancing opportunities. Our transactions team leads this recycling process through an active disposition program that makes institutional-quality assets available for purchase.