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SITE Centers history
SITE Centers company history timeline
SITE Centers was founded in 1965 by Bert Wolstein as Developers Diversified Realty, Inc.
On February 12, 1993 Developers Diversified Realty, Inc. became a public company after making its initial public offering.
In 1998, the company acquired a portfolio of nine properties in Salt Lake City 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.
In August 2013 DDR Corp. entered into a joint venture with Blackstone Group and acquired seven open-air shopping centers from Regency Centers Corporation for $332 million.
In October 2014 DDR Corp. entered into a second joint venture with Blackstone Group, acquiring seventy shopping centers totaling 15.7 million square feet for $1.93 billion.
In January 2016, the company sold Paseo Colorado to Cypress Equities.
In October of the same year, the company sold a 16-property portfolio for $390 million in a transaction brokered by HFF. In July 2018, the company completed the corporate spin-off of Retail Value, Inc.
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SITE Centers competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| DR Bank | 2006 | $3.5M | 11 | - |
| Fdl Mortgage Source | - | $91.0M | 50 | - |
| Metro Medical CU | 1965 | $5.0M | 18 | 2 |
| Castle Peak | - | $284.9K | 6 | - |
| Mosier Co | - | $1.7M | 7 | - |
| Mid-Kansas Credit Union | 1947 | $1.5M | 15 | - |
| Fremont Group | 1986 | $60.0M | 150 | - |
| TEXAS HEALTH CREDIT UNION | 1956 | $5.0M | 30 | - |
SITE Centers history FAQs
Zippia gives an in-depth look into the details of SITE Centers, including salaries, political affiliations, employee data, and more, in order to inform job seekers about SITE Centers. The employee data is based on information from people who have self-reported their past or current employments at SITE Centers. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by SITE Centers. The data presented on this page does not represent the view of SITE Centers and its employees or that of Zippia.
SITE Centers may also be known as or be related to SITE Centers, SITE Centers Corp. and Site Centers.