SITE Centers completes spin-off of Curbline Properties Corp.
Client(s) SITE Centers Corp.
Jones Day advised SITE Centers (NYSE: SITC) in the spin-off of Curbline Properties Corp. (“Curbline”) as a separate publicly traded company listed on the New York Stock Exchange under the ticker symbol “CURB”. SITE Centers shareholders received two shares of Curbline common stock for every one common share of SITE Centers held at the close of business on the record date of September 23, 2024.
Curbline is the first public real estate company focused exclusively on owning convenience properties located on the curbline in the wealthiest submarkets in the United States.