Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million

Reuters

24 Jun

Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million

Site Centers Corp. has announced a significant real estate transaction involving its subsidiary, DDR Winter Garden LLC. On June 18, 2025, the subsidiary entered into a Purchase and Sale Agreement with RA2 - Winter Gardens Village LLC. The agreement entails the sale of Winter Garden Village, located in Orlando, Florida, for approximately $165 million in cash. The property is free of any mortgage financing, and the closing is contingent upon several conditions, including the receipt of a satisfactory survey and zoning confirmations by the purchaser. A nonrefundable deposit of $3.3 million has been made by the purchaser, which will be credited towards the purchase price at closing. The transaction is anticipated to be finalized in the third quarter of 2025.

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: 0000950170-25-088969), on June 23, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2545644752"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2545644752\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2545644752?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-24 04:06","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2545644752","market":"nz","top_or_hot":-1,"title":"Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Site Centers Corp. has announced a significant real estate transaction involving its subsidiary, DDR Winter Garden LLC. On June 18, 2025, the subsidiary entered into a Purchase and Sale Agreement with RA2 - Winter Gardens Village LLC. The agreement entails the sale of Winter Garden Village, located in Orlando, Florida, for approximately $165 million in cash. The property is free of any mortgage financing, and the closing is contingent upon several conditions, including the receipt of a satisfactory survey and zoning confirmations by the purchaser. A nonrefundable deposit of $3.3 million has been made by the purchaser, which will be credited towards the purchase price at closing. The transaction is anticipated to be finalized in the third quarter of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 0000950170-25-088969), on June 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSite Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-24 04:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Site Centers Corp. has announced a significant real estate transaction involving its subsidiary, DDR Winter Garden LLC. On June 18, 2025, the subsidiary entered into a Purchase and Sale Agreement with RA2 - Winter Gardens Village LLC. The agreement entails the sale of Winter Garden Village, located in Orlando, Florida, for approximately $165 million in cash. The property is free of any mortgage financing, and the closing is contingent upon several conditions, including the receipt of a satisfactory survey and zoning confirmations by the purchaser. A nonrefundable deposit of $3.3 million has been made by the purchaser, which will be credited towards the purchase price at closing. The transaction is anticipated to be finalized in the third quarter of 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 0000950170-25-088969), on June 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SITC","symbol_name":"SITE Centers Corp.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nNDL3YqTFC:1","article_id":"2545644752","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545644752","pubTimestamp":1750709170,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Site Centers Corp. has announced a significant real estate transaction involving its subsidiary, DDR Winter Garden LLC. On June 18, 2025, the subsidiary entered into a Purchase and Sale Agreement with RA2 - Winter Gardens Village LLC. The agreement entails the sale of Winter Garden Village, located in Orlando, Florida, for approximately $165 million in cash. The property is free of any mortgage financing, and the closing is contingent upon several conditions, including the receipt of a satisfactory survey and zoning confirmations by the purchaser. A nonrefundable deposit of $3.3 million has been made by the purchaser, which will be credited towards the purchase price at closing. The transaction is anticipated to be finalized in the third quarter of 2025.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SITC":"SITE Centers Corp.","BK4080":"零售业房地产投资信托","BK4231":"零售房地产信托"},"translate_title":"Site Centers Corp.子公司同意以1.65亿美元出售Winter Garden Village房产","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SITC":0.9},"content_text":"Site Centers Corp. Subsidiary Agrees to Sell Winter Garden Village Property for $165 Million\n    \n\n        Site Centers Corp. has announced a significant real estate transaction involving its subsidiary, DDR Winter Garden LLC. On June 18, 2025, the subsidiary entered into a Purchase and Sale Agreement with RA2 - Winter Gardens Village LLC. The agreement entails the sale of Winter Garden Village, located in Orlando, Florida, for approximately $165 million in cash. The property is free of any mortgage financing, and the closing is contingent upon several conditions, including the receipt of a satisfactory survey and zoning confirmations by the purchaser. A nonrefundable deposit of $3.3 million has been made by the purchaser, which will be credited towards the purchase price at closing. The transaction is anticipated to be finalized in the third quarter of 2025.\n      \n\nDisclaimer: 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: 0000950170-25-088969), on June 23, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}