SITE Centers Corp. (Form: 8-K, Received: 06/15/2021 17:18:01)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): June 15, 2021

SITE Centers Corp.

(Exact name of registrant as specified in charter)


Ohio	1-11690	34-1723097
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


3300 Enterprise Parkway, Beachwood, Ohio		44122
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (216) 755-5500

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Shares, Par Value $0.10 Per Share	SITC	New York Stock Exchange
Depositary Shares, each representing 1/20 of a share of 6.375% Class A Cumulative Redeemable Preferred Shares without Par Value	SITC PRA	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Explanatory Note

On June 14, 2021, SITE Centers Corp. (the “Company”) filed with the Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-3 (File No. 333-257074) (the “Replacement Registration Statement”), which became effective automatically upon filing. The Replacement Registration Statement replaces the Company’s Registration Statement on Form S-3 (File No. 333-225621), which expired on June 14, 2021 (the “Previous Registration Statement”). On June 15, 2021, in connection with the filing of the Replacement Registration Statement, the Company filed a new prospectus supplement for its existing “at the market” equity offering program (the “ATM Program”) and a new prospectus supplement for its existing dividend reinvestment plan (the “DRIP”). The Company is filing this Current Report on Form 8-K to file certain exhibits to the Replacement Registration Statement in connection with the ATM Program and the DRIP.

Item 8.01. Other Events.

ATM Program

On June 15, 2021, the Company entered into separate amendments (collectively, the “Amendments”) to each of its previously-reported Sales Agency Financing Agreements, each dated as of December 6, 2019, or dated as of December 7, 2018 and amended as of December 6, 2019 (collectively, the “Sales Agency Financing Agreements”), with BNY Mellon Capital Markets, LLC, BTIG, LLC, Capital One Securities, Inc., Evercore Group L.L.C., Jefferies LLC, KeyBanc Capital Markets Inc., RBC Capital Markets, LLC, Regions Securities LLC, Scotia Capital (USA) Inc., Stifel, Nicolaus & Company, Incorporated, TD Securities (USA) LLC and Wells Fargo Securities, LLC, respectively. The Amendments made certain ministerial updates to the corresponding Sales Agency Financing Agreements, including replacing references to the Previous Registration Statement with references to the Replacement Registration Statement. As of June 15, 2021, $250,000,000 aggregate sales price of the Company’s common shares remain available for future issuances under the ATM Program pursuant to the Sales Agency Financing Agreements.

The Form of Sales Agency Financing Agreement, dated as of December 7, 2018, and its related Form of Amendment No. 1, dated as of December 6, 2019, and Form of Amendment No. 2, dated as of June 15, 2021, are filed as Exhibits 1.1, 1.2 and 1.3, respectively, to this Current Report on Form 8-K. The Form of Sales Agency Financing Agreement, dated as of December 6, 2019, and its related Form of Amendment No. 1, dated as of June 15, 2021, are filed as Exhibits 1.4 and 1.5, respectively, to this Current Report on Form 8-K. The Form of Master Forward Sale Agreement, dated as of December 7, 2018, and its related Amendment No. 1, dated as of December 6, 2019, are filed as Exhibits 1.6 and 1.7, respectively, to this Current Report on Form 8-K. The Form of Master Forward Sale Agreement, dated as of December 6, 2019, is filed as Exhibit 1.9 to this Current Report on Form 8-K. In addition to the forgoing agreements, the Company is also filing herewith the opinion of Jones Day related to the ATM Program as an exhibit to the Replacement Registration Statement.

DRIP

The Company is filing herewith the opinion of Jones Day related to the DRIP as an exhibit to the Replacement Registration Statement.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits


Exhibit Number		Description

1.1		Form of Sales Agency Financing Agreement, dated as of December 7, 2018 (incorporated by reference to Exhibit 1.1 to the Company’s Current Report on Form 8-K, filed on December 7, 2018)

1.2		Form of Sales Agency Financing Agreement Amendment No. 1, dated as of December 6, 2019 (incorporated by reference to Exhibit 1.3 to the Company’s Current Report on Form 8-K, filed on December 6, 2019)



1.3		Form of Sales Agency Financing Agreement Amendment No. 2, dated as of June 15, 2021

1.4		Form of Sales Agency Financing Agreement, dated as of December 6, 2019 (incorporated by reference to Exhibit 1.1 to the Company’s Current Report on Form 8-K, filed on December 6, 2019)

1.5		Form of Sales Agency Financing Agreement Amendment No. 1, dated as of June 15, 2021

1.6		Form of Master Confirmation for Forward Stock Sale Transactions, dated as of December 7, 2018 (incorporated by reference to Exhibit 1.2 to the Company’s Current Report on Form 8-K, filed on December 7, 2018)

1.7		Form of Master Confirmation for Forward Stock Sale Transactions Amendment No. 1, dated as of December 6, 2019 (incorporated by reference to Exhibit 1.6 to the Company’s Current Report on Form 8-K, filed on December 6, 2019)

1.8		Form of Master Confirmation for Forward Stock Sale Transactions, dated as of December 6, 2019 (incorporated by reference to Exhibit 1.4 to the Company’s Current Report on Form 8-K, filed on December 6, 2019)

5.1		Opinion of Jones Day (ATM Program)

5.2		Opinion of Jones Day (DRIP)

23.1		Consent of Jones Day (included in Exhibit 5.1)

23.2		Consent of Jones Day (included in Exhibit 5.2)

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


SITE CENTERS CORP.

By:		/s/ Aaron M. Kitlowski
		Name: Aaron M. Kitlowski
		Title: Executive Vice President, General Counsel and Secretary

Date: June 15, 2021

Exhibit 1.3

AMENDMENT NO. 2, DATED AS OF JUNE 15, 2021, TO

SALES AGENCY FINANCING AGREEMENT,

DATED AS OF DECEMBER 7, 2018

This Amendment No. 2 (this “Amendment”) to the Sales Agency Financing Agreement, dated as of December 7, 2018 (as previously amended, the “Agreement”), [between][among] SITE Centers Corp., an Ohio corporation (the “Company”), [and] [ ] (in its capacity as agent for the Company in connection with the offering and sale of any Issuance Shares, the “Sales Agent”[,][and,] in its capacity as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Shares, the “Forward Seller” [and, in its capacity as counterparty under any Forward Contract, the “Forward Purchaser”]) [and [ ] (in its capacity as counterparty under any Forward Contract, the “Forward Purchaser”)], is dated as of June 15, 2021 (the “Effective Date”). Capitalized terms used herein and not otherwise defined shall have the meanings specified in the Agreement.

W I T N E S S E T H:

WHEREAS, pursuant to the Agreement, the Company has implemented an at-the-market offering program (the “ATM Program”) under which the Company was originally authorized to issue its common shares, $0.10 per share par value (“Common Shares”), with an aggregate Sales Price of up to $250,000,000;

WHEREAS, the Company, the Sales Agent, the Forward Seller and the Forward Purchaser wish to amend the Agreement with effect on and after the Effective Date;

WHEREAS, this Amendment shall constitute an amendment to the Agreement, which shall remain in full force and effect as amended by this Amendment;

WHEREAS, prior to the Effective Date, the Company conducted the ATM Program pursuant to an automatic shelf registration statement on Form S-3ASR (File No. 333-225621), including a base prospectus dated June 14, 2018, and a prospectus supplement dated December 6, 2019 specifically relating to the Shares;

WHEREAS, the Company has prepared an automatic shelf registration statement (the “2021 Registration Statement”) on Form S-3ASR (File No. 333-257074), including a base prospectus dated June 14, 2021, relating to certain securities, including the Shares, to be issued from time to time by the Company, and a prospectus supplement dated June 15, 2021 (the “2021 Prospectus Supplement”), specifically relating to the Shares; and

WHEREAS, from the Effective Date, the ATM Program is to be conducted pursuant to the 2021 Registration Statement and the 2021 Prospectus Supplement.

The parties hereto have agreed to amend the Agreement, as set forth in this Amendment, subject to the terms and conditions set forth below. All capitalized terms used herein and not otherwise defined shall have the meanings given to such terms in the Agreement.

NOW, THEREFORE, in consideration of the premises set forth above and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree that the Agreement is hereby amended as provided below:

Section 1. Representation and Warranty. The Company represents and warrants to the Sales Agent, the Forward Seller and the Forward Purchaser that this Amendment has been duly authorized, executed and delivered by, and is a valid and binding agreement of, the Company.

Section 2. Amendment of the Agreement. The Agreement is hereby amended as follows:

a) On and after the Effective Date, the references in the Agreement to the “Registration Statement” shall refer to the 2021 Registration Statement.

b) On and after the Effective Date, the references in the Agreement to “Prospectus Supplement” shall refer to the 2021 Prospectus Supplement.

c) The first sentence of the second paragraph of Section 3.01 is hereby amended to reflect the filing of the 2021 Registration Statement and replaced in its entirety by the following:

The Company has filed with the Commission an automatic shelf registration statement on Form S-3 (No. 333-257074), including the related preliminary prospectus or prospectuses.

d) The first sentence of the first paragraph of Section 3.03 is hereby amended to reflect the filing of the 2021 Registration Statement and replaced in its entirety by the following:

The Original Registration Statement became effective upon filing under Rule 462(e) under the Securities Act on June 14, 2021, and any post-effective amendment thereto also became effective upon filing under Rule 462(e) under the Securities Act.

e) This Amendment shall be effective as of the Effective Date.

Section 3. Entire Agreement. The Agreement, as amended by this Amendment, represents the entire agreement between the Company, on the one hand, and the Sales Agent, the Forward Seller and the Forward Purchaser, on the other hand, with respect to the subject matter thereof and hereof.

Section 4. Prior Sales. Notwithstanding anything contained herein, this Amendment shall not have any effect on offerings or sales of Shares prior to the Effective Date or on the terms of the Agreement, and the rights and obligations of the parties thereunder, insofar as they relate to such offerings or sales, including, without limitation, the representations, warranties and agreements (including the indemnification and contribution provisions), as well as the definitions of “Registration Statement” and “Prospectus Supplement,” contained in the Agreement prior to the Effective Date.

Section 5. Governing Law; Jurisdiction. THIS AMENDMENT SHALL BE GOVERNED BY, INTERPRETED UNDER AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED WITHIN THE STATE OF NEW YORK WITHOUT GIVING EFFECT TO PRINCIPLES OF CONFLICTS OF LAWS THEREOF. Any action, suit or proceeding to enforce any provision of, or based on any matter arising out of or in connection with, this Amendment or the transactions contemplated hereby shall be brought in any federal court located in the Southern District of the State of New York or any New York state court located in the Borough of Manhattan, and the Company agrees to the exclusive jurisdiction of such courts (and of the appropriate appellate courts therefrom) and each party hereto waives (to the full extent permitted by law) any objection it may have to the laying of venue of any such suit, action or proceeding in any such court or that any such suit, action or proceeding has been brought in an inconvenient forum.

Section 6. Counterparts. This Amendment may be executed by any one or more of the parties hereto in any number of counterparts, each of which shall be deemed to be an original, but all such respective counterparts shall together constitute one and the same instrument. Delivery of an executed Amendment by one Party to the other may be made by electronic mail (including any electronic signature complying with the New York Electronic Signatures and Records Act (N.Y. State Tech. §§ 301-309), as amended from time to time, or other applicable law) or other transmission method, and the parties hereto agree that any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

Section 7. Construction. This Amendment shall be construed in connection with and as part of the Agreement, and except as modified and expressly amended by this Amendment, all terms, conditions and covenants contained in the Agreement are hereby ratified and shall be and remain in full force and effect.

[SIGNATURE PAGE FOLLOWS]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by the undersigned, thereunto duly authorized, as of the date first set forth above.


Very truly yours,

SITE CENTERS CORP.

By:
		Name:
		Title:

[Signature Page to Amendment No. 2 to Sales Agency Financing Agreement ([ ] [and [ ]])]

CONFIRMED AND ACCEPTED, as of the date first above written:

[ ]


By:
		Name:
		Title:

[[ ]


By:
		Name:
		Title: ]

[Signature Page to Amendment No. 2 to Sales Agency Financing Agreement ([ ] [and [ ]])]

Exhibit 1.5

AMENDMENT NO. 1, DATED AS OF JUNE 15, 2021, TO

SALES AGENCY FINANCING AGREEMENT, DATED AS OF

DECEMBER 6, 2019

This Amendment No. 1 (this “Amendment”) to the Sales Agency Financing Agreement, dated as of December 6, 2019 (the “Agreement”), [between][among] SITE Centers Corp., an Ohio corporation (the “Company”), [and] [ ] (in its capacity as agent for the Company in connection with the offering and sale of any Issuance Shares, the “Sales Agent” [and, in its capacity as agent for the Forward Purchaser in connection with the offering and sale of any Forward Hedge Shares, the “Forward Seller”]) [and [ ] (in its capacity as counterparty under any Forward Contract, the “Forward Purchaser”)], is dated as of June 15, 2021 (the “Effective Date”). Capitalized terms used herein and not otherwise defined shall have the meanings specified in the Agreement.

W I T N E S S E T H:

WHEREAS, the Company[,] [and] the Sales Agent[, the Forward Seller and the Forward Purchaser] wish to amend the Agreement with effect on and after the Effective Date;

WHEREAS, this Amendment shall constitute an amendment to the Agreement, which shall remain in full force and effect as amended by this Amendment;

WHEREAS, from the Effective Date, the ATM Program is to be conducted pursuant to the 2021 Registration Statement and the 2021 Prospectus Supplement.

Section 1. Representation and Warranty. The Company represents and warrants to the Sales Agent[, the Forward Seller and the Forward Purchaser] that this Amendment has been duly authorized, executed and delivered by, and is a valid and binding agreement of, the Company.

Section 2. Amendment of the Agreement. The Agreement is hereby amended as follows:

a) On and after the Effective Date, the references in the Agreement to the “Registration Statement” shall refer to the 2021 Registration Statement.

b) On and after the Effective Date, the references in the Agreement to “Prospectus Supplement” shall refer to the 2021 Prospectus Supplement.

c) The first sentence of the second paragraph of Section 3.01 is hereby amended to reflect the filing of the 2021 Registration Statement and replaced in its entirety by the following:

The Company has filed with the Commission an automatic shelf registration statement on Form S-3 (No. 333-257074), including the related preliminary prospectus or prospectuses.

d) The first sentence of the first paragraph of Section 3.03 is hereby amended to reflect the filing of the 2021 Registration Statement and replaced in its entirety by the following:

e) This Amendment shall be effective as of the Effective Date.

Section 3. Entire Agreement. The Agreement, as amended by this Amendment, represents the entire agreement between the Company, on the one hand, and the Sales Agent, [the Forward Seller and the Forward Purchaser,] on the other hand, with respect to the subject matter thereof and hereof.

[SIGNATURE PAGE FOLLOWS]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by the undersigned, thereunto duly authorized, as of the date first set forth above.


Very truly yours,

SITE CENTERS CORP.

By:
		Name:
		Title:

[Signature Page to Amendment No. 1 to Sales Agency Financing Agreement ([ ] [and [ ]])]

CONFIRMED AND ACCEPTED, as of the date first above written:

[ ]


By:
		Name:
		Title:

[[ ]


By:
		Name:
		Title: ]

[Signature Page to Amendment No. 1 to Sales Agency Financing Agreement ([ ] [and [ ])]

LOGO

NORTH POINT ● 901 LAKESIDE AVENUE ● CLEVELAND, OHIO 44114.1190

TELEPHONE: +1.216.586.3939 ● FACSIMILE: +1.216.579.0212

Exhibit 5.1

June 15, 2021

SITE Centers Corp.

3300 Enterprise Parkway

Beachwood, Ohio 44122

Re:

Up to $250,000,000 of Common Shares, $0.10 Par Value Per Share, To Be Offered

Pursuant to the Sales Agency Financing Agreements

Ladies and Gentlemen:

We have acted as counsel for SITE Centers Corp., an Ohio corporation (the “Company”), in connection with the issuance and sale of up to $250,000,000 aggregate offering price of common shares, $0.10 par value per share, of the Company (the “Shares”) pursuant to the Sales Agency Financing Agreements listed on Schedule I attached hereto (the “Sales Agency Financing Agreements”) and the Master Confirmations for Forward Stock Sale Transactions listed on Schedule II attached hereto. The Shares may be offered and sold from time to time pursuant to Rule 415 under the Securities Act of 1933 (the “Act”) in accordance with the terms of the Sales Agency Financing Agreements.

In connection with the opinion expressed herein, we have examined such documents, records and matters of law as we have deemed relevant or necessary for purposes of this opinion. Based upon the foregoing and subject to the further assumptions, qualifications and limitations set forth herein, we are of the opinion that the Shares, when issued and delivered pursuant to the terms of the Sales Agency Financing Agreements against payment of the consideration therefor as provided therein, will be validly issued, fully paid, and nonassessable; provided that such consideration is at least equal to the stated par value of the Shares.

In rendering the opinion above, we have assumed that (i) the resolutions authorizing the Company to issue and deliver and sell the Shares pursuant to the Sales Agency Financing Agreements will be in full force and effect at all times at which the Shares are issued and delivered or sold by the Company and the Company will take no action inconsistent with such resolutions, and (ii) the timing of, the terms of and the consideration for each issuance of Shares by the Company under the Sales Agency Financing Agreements will be approved by the Board of Directors of the Company or an authorized committee or subcommittee of the Board of Directors.

The opinion expressed herein is limited to the laws of the State of Ohio, as currently in effect, and we express no opinion as to the effect of the laws of any other jurisdiction.

AMSTERDAM ● ATLANTA ● BEIJING ● BOSTON ● BRISBANE ● BRUSSELS ● CHICAGO ● CLEVELAND ● COLUMBUS ● DALLAS ● DETROIT

DUBAI ● DÜSSELDORF ● FRANKFURT ● HONG KONG ● HOUSTON ● IRVINE ● LONDON ● LOS ANGELES ● MADRID ● MELBOURNE

MEXICO CITY ● MIAMI ● MILAN ● MINNEAPOLIS ● MOSCOW ● MUNICH ● NEW YORK ● PARIS ● PERTH ● PITTSBURGH ● SAN DIEGO

SAN FRANCISCO ● SÃO PAULO ● SAUDI ARABIA ● SHANGHAI ● SILICON VALLEY ● SINGAPORE ● SYDNEY ● TAIPEI ● TOKYO ● WASHINGTON

LOGO

June 15, 2021

Page 2

We hereby consent to the filing of this opinion as Exhibit 5.1 to the Current Report on Form 8-K, dated the date hereof, filed by the Company and incorporated by reference into the Registration Statement on Form S-3 (No. 333-257074) (the “Registration Statement”) filed by the Company to effect registration of the Shares under the Act and to the reference to us under the caption “Legal Matters” in the prospectus constituting a part of such Registration Statement. In giving such consent, we do not hereby admit that we are included in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Securities and Exchange Commission promulgated thereunder.

Very truly yours,

/s/ Jones Day

Schedule I

Sales Agency Financing Agreements

Sales Agency Financing Agreement, dated as of December 7, 2018, by and among the Company, BNY Mellon Capital Markets, LLC, as sales agent and forward seller, and The Bank of New York Mellon, as forward purchaser, as amended by Amendment No. 1, dated as of December 6, 2019, by and among the Company, BNY Mellon Capital Markets, LLC and The Bank of New York Mellon, and as further amended by Amendment No. 2, dated as of June 15, 2021, by and among the Company, BNY Mellon Capital Markets, LLC and The Bank of New York Mellon

Sales Agency Financing Agreement, dated as of December 7, 2018, by and between the Company and BTIG, LLC, as sales agent, as amended by Amendment No. 1, dated as of December 6, 2019, by and between the Company and BTIG, LLC, and as further amended by Amendment No. 2, dated as of June 15, 2021, by and between the Company and BTIG, LLC

3.	Sales Agency Financing Agreement, dated as of December 6, 2019, by and between the Company and Capital One Securities, Inc., as sales agent, as amended by Amendment No. 1, dated as of June 15, 2021, by and between the Company and Capital One Securities, Inc.

4.	Sales Agency Financing Agreement, dated as of December 6, 2019, by and between the Company and Evercore Group L.L.C., as sales agent, as amended by Amendment No. 1, dated as of June 15, 2021, by and between the Company and Evercore Group L.L.C.

Sales Agency Financing Agreement, dated as of December 7, 2018, by and between the Company and Jefferies LLC, as sales agent, forward seller and forward purchaser, as amended by Amendment No. 1, dated as of December 6, 2019, by and between the Company and Jefferies LLC, and as further amended by Amendment No. 2, dated as of June 15, 2021, by and between the Company and Jefferies LLC

Sales Agency Financing Agreement, dated as of December 7, 2018, by and between the Company and KeyBanc Capital Markets Inc., as sales agent, forward seller and forward purchaser, as amended by Amendment No. 1, dated as of December 6, 2019, by and between the Company and KeyBanc Capital Markets Inc., and as further amended by Amendment No. 2, dated as of June 15, 2021, by and between the Company and KeyBanc Capital Markets Inc.

Sales Agency Financing Agreement, dated as of December 6, 2019, by and among the Company, RBC Capital Markets, LLC, as sales agent and forward seller, and Royal Bank of Canada, as forward purchaser, as amended by Amendment No. 1, dated as of June 15, 2021, by and among the Company, RBC Capital Markets, LLC, and Royal Bank of Canada

8.	Sales Agency Financing Agreement, dated as of December 6, 2019, by and between the Company and Regions Securities LLC, as sales agent, as amended by Amendment No. 1, dated as of June 15, 2021, by and between the Company and Regions Securities LLC

Sales Agency Financing Agreement, dated as of December 7, 2018, by and among the Company, Scotia Capital (USA) Inc., as sales agent and forward seller, and The Bank of Nova Scotia, as forward purchaser, as amended by Amendment No. 1, dated as of December 6, 2019, by and among the Company, Scotia Capital (USA) Inc. and The Bank of Nova Scotia, and as further amended by Amendment No. 2, dated as of June 15, 2021, by and among the Company, Scotia Capital (USA) Inc. and The Bank of Nova Scotia

10.

Sales Agency Financing Agreement, dated as of December 7, 2018, by and between the Company and Stifel, Nicolaus & Company, Incorporated, as sales agent, forward seller and forward purchaser, as amended by Amendment No. 1, dated as of December 6, 2019, by and between the Company and Stifel, Nicolaus & Company, Incorporated, and as further amended by Amendment No. 2, dated as of June 15, 2021, by and between the Company and Stifel, Nicolaus & Company, Incorporated

11.

Sales Agency Financing Agreement, dated as of December 7, 2018, by and between the Company and TD Securities (USA) LLC, as sales agent, forward seller and forward purchaser, as amended by Amendment No. 1, dated as of December 6, 2019, by and between the Company and TD Securities (USA) LLC, and as further amended by Amendment No. 2, dated as of June 15, 2021, by and between the Company and TD Securities (USA) LLC

12.

Sales Agency Financing Agreement, dated as of December 6, 2019, by and among the Company, Wells Fargo Securities, LLC, as sales agent and forward seller, and Wells Fargo Bank, National Association., as forward purchaser, as amended by Amendment No. 1, dated as of June 15, 2021, by and among the Company, Wells Fargo Securities, LLC, and Wells Fargo Bank, National Association

Schedule II

Master Confirmations for Forward Stock Sale Transactions

1.	Master Confirmation for Forward Stock Sale Transactions, dated December 7, 2018, by and between the Company and The Bank of New York Mellon, as amended by Amendment to Registered Forward Transaction Confirmation, dated December 6, 2019, by and between the Company and The Bank of New York Mellon

2.	Master Confirmation for Forward Stock Sale Transactions, dated December 7, 2018, by and between the Company and Jefferies LLC, as amended by Amendment to Registered Forward Transaction Confirmation, dated December 6, 2019, by and between the Company and Jefferies LLC

3.	Master Confirmation for Forward Stock Sale Transactions, dated December 7, 2018, by and between the Company and KeyBanc Capital Markets Inc., as amended by Amendment to Registered Forward Transaction Confirmation, dated December 6, 2019, by and between the Company and KeyBanc Capital Markets Inc.

4.	Master Confirmation for Forward Stock Sale Transactions, dated December 6, 2019, by and between the Company and Royal Bank of Canada

5.	Master Confirmation for Forward Stock Sale Transactions, dated December 7, 2018, by and between the Company and The Bank of Nova Scotia, as amended by Amendment to Registered Forward Transaction Confirmation, dated December 6, 2019, by and between the Company and The Bank of Nova Scotia

Master Confirmation for Forward Stock Sale Transactions, dated December 7, 2018, by and between the Company and Stifel, Nicolaus & Company, Incorporated, as amended by Amendment to Registered Forward Transaction Confirmation, dated December 6, 2019, by and between the Company and Stifel, Nicolaus & Company, Incorporated

7.	Master Confirmation for Forward Stock Sale Transactions, dated December 7, 2018, by and between the Company and TD Securities (USA) LLC, as amended by Amendment to Registered Forward Transaction Confirmation, dated December 6, 2019, by and between the Company and TD Securities (USA) LLC

8.	Master Confirmation for Forward Stock Sale Transactions, dated December 6, 2019, by and between the Company and Wells Fargo Bank, National Association

LOGO

NORTH POINT ● 901 LAKESIDE AVENUE ● CLEVELAND, OHIO 44114.1190

TELEPHONE: +1.216.586.3939 ● FACSIMILE: +1.216.579.0212

Exhibit 5.2

June 15, 2021

SITE Centers Corp.

3300 Enterprise Parkway

Beachwood, Ohio 44122

Re:

Up to 5,997,284 Common Shares, $0.10 Par Value Per Share, to be Offered Pursuant to

the SITE Centers Corp. Dividend Reinvestment Plan

Dear Ladies and Gentlemen:

We have acted as counsel for SITE Centers Corp., an Ohio corporation (the “Company”), in connection with the issuance or delivery and sale of up to 5,997,284 common shares, $0.10 par value per share, of the Company (the “Shares”) pursuant to the Company’s Dividend Reinvestment Plan (the “Plan”). In connection with the opinion expressed herein, we have examined such documents, records and matters of law as we have deemed relevant or necessary for purposes of this opinion. Based upon the foregoing, and subject to the further assumptions, qualifications and limitations set forth herein, we are of the opinion that the Shares, when issued or delivered and sold pursuant to the terms of the Plan, will be validly issued, fully paid and nonassessable, provided that the consideration for the Shares is at least equal to the stated par value of the Shares.

In rendering the opinion above, we have assumed that the resolutions authorizing the Company to issue or deliver and sell the Shares pursuant to the Plan will be in full force and effect at all times at which the Shares are issued or delivered and sold by the Company, and the Company will take no action inconsistent with such resolutions.

The opinion expressed herein is limited to the laws of the State of Ohio, as currently in effect, and we express no opinion as to the effect of the laws of any other jurisdiction.

We hereby consent to the filing of this opinion as Exhibit 5.2 to the Current Report on Form 8-K, dated the date hereof, filed by the Company and incorporated by reference into the Registration Statement on Form S-3 (No. 333-257074) (the “Registration Statement”) filed by the Company to effect registration of the Shares under the Securities Act of 1933 (the “Act”) and to the reference to us under the caption “Legal Matters” in the prospectus constituting a part of such Registration Statement. In giving such consent, we do not hereby admit that we are included in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Securities and Exchange Commission promulgated thereunder.

Very truly yours,

/s/ Jones Day

AMSTERDAM ● ATLANTA ● BEIJING ● BOSTON ● BRISBANE ● BRUSSELS ● CHICAGO ● CLEVELAND ● COLUMBUS ● DALLAS ● DETROIT

DUBAI ● DÜSSELDORF ● FRANKFURT ● HONG KONG ● HOUSTON ● IRVINE ● LONDON ● LOS ANGELES ● MADRID ● MELBOURNE

MEXICO CITY ● MIAMI ● MILAN ● MINNEAPOLIS ● MOSCOW ● MUNICH ● NEW YORK ● PARIS ● PERTH ● PITTSBURGH ● SAN DIEGO

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