Attached files
file | filename |
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8-K - 8-K - SITE Centers Corp. | d149820d8k.htm |
EX-1.1 - EX-1.1 - SITE Centers Corp. | d149820dex11.htm |
Exhibit 5.1
NORTH POINT 901 LAKESIDE AVENUE CLEVELAND, OHIO 44114.1190
TELEPHONE: +1.216.586.3939 FACSIMILE: +1.216.579.0212
March 4, 2021
SITE Centers Corp.
3300 Enterprise Parkway
Beachwood, Ohio 44112
Re: | Up to 17,250,000 Common Shares, $0.10 Par Value Per Share |
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 17,250,000 common shares, $0.10 par value per share, of the Company (the Shares) pursuant to the Underwriting Agreement Basic Provisions, dated March 1, 2021 (the Basic Provisions), by and between the Company and Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as underwriter (the Underwriter), and the Terms Agreement, dated March 1, 2021 (together with the Basic Provisions, the Underwriting Agreement), by and between the Company and the Underwriter.
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 Underwriting Agreement against payment of the consideration therefor as provided therein, will be validly issued, fully paid, and nonassessable.
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 5.1 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. 333-225621) (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 DETROITDUBAI DÜSSELDORF FRANKFURT HONG KONG HOUSTON IRVINE LONDON LOS ANGELES MADRID MELBOURNEMEXICO CITY MIAMI MILAN MINNEAPOLIS MOSCOW MUNICH NEW YORK PARIS PERTH PITTSBURGH SAN DIEGOSAN FRANCISCO SÃO PAULO SAUDI ARABIA SHANGHAI SILICON VALLEY SINGAPORE SYDNEY TAIPEI TOKYO WASHINGTON