Pine Tree Acquires Sponsor Interest in a 10-Property, $644M Shopping Center Portfolio

yf_tkr_LOW · 2026-10-20

$LOW

Pine Tree, a national owner and operator of open-air shopping centers, announced that it has acquired sponsor interest in a 10-property portfolio recently appraised at $644 million and totaling 3.5 million square feet. The interest was acquired from SITE Centers (NYSE: SITC) in partnership with a large international investor. The transaction brings Pine Tree's total acquisition activity over the past 12 months to more than $1 billion and grows the company's assets under management to more than $

Sector coverage: Consumer Cyclical · Home Improvement Retail

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