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David Lukes

President & Chief Executive Officer, Curbline Properties Corp.

Search every verified David Lukes interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. David Lukes, President and CEO of Curbline Properties, has discussed the company's strategy and early performance following its spin-off from SITE Centers in October 2024. In January 2025, he characterized the company's current state as "fantastic," noting its focus on convenience retail properties, a balance sheet with no debt and significant cash, and the use of data analytics to understand properties. Lukes explained that the company invests in "lowest and worst use" retail assets, arguing that low-density convenience properties on high-quality land offer a floor for capital preservation and growth potential. He emphasized a "Simplicity premium" approach, keeping the business focused on its stated mandate to avoid a "complexity discount." Lukes has also described Curbline as a "first mover" in the convenience real estate sector, noting that over 90% of such properties in the U.S. are still owned by private families, leaving significant runway for institutional growth. He stated that the company went public with no debt and $800 million in cash to support its expansion. Prior to the spin-off, Lukes, as CEO of SITE Centers, highlighted the active transaction market, mentioning nearly $200 million in deals moving toward contract and over $2.5 billion in properties sold or under contract. In earlier interviews, he discussed the pandemic's impact on retail, reporting 98% rent collection for the second quarter of 2021 and noting that retailers and customers adapted to having inventory closer to home.

Recent appearances

  • Episode 455: Curbline Properties CEO David Lukes on Redefining Convenience Real Estate

    January 27, 2025 · 📺 New York Stock Exchange

    Convenience retail is all about simplifying life, and Curbline Properties (NYSE: CURB) is leading the charge with strategically located, compact stores designed for life on the go. After spinning off from Site Centers in October 2024, Curbline is thriving as an independent, NYSE-listed enterprise. CEO David Lukes goes Inside the ICE House to share insights on the company’s first months, its focus on unanchored retail, the overlooked details that shape its portfolio, and partnerships with top food and service providers across the nation. #nyse #stocks

    Watch on YouTube ↗

  • Curbline CEO on its spinoff from SITE Centers and being a "first mover" in Convenience real estate

    November 08, 2024 · 📺 New York Stock Exchange

    David Lukes, CEO of Curbline Properties, discusses its spinoff from SITE Centers and what makes CURB a unique “first mover” in the Convenience real estate sector on #NYSEFloorTalk with Judy Shaw.

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  • SITE Centers CEO Discusses Strategic Moves Amid Active Market

    July 13, 2024 · 📺 Nareit1

    David Lukes, president and CEO of SITE Centers Corp. (NYSE: SITC), sat down for a video interview at Nareit’s REITweek: 2024 Investor Conference, held in New York from June 3-6. Lukes highlighted the launch of a new company, Curbline, set to spin-off from SITE Centers in the fourth quarter. Read more: https://www.reit.com/news/articles/si...

    Watch on YouTube ↗

  • Millionacres CEO Interview: David Lukes, SITE Centers

    August 20, 2021 · 📺 Millionacres

    Curious about what mall operators are thinking right now? David Lukes, CEO of Site Centers (ticker SITC) shares his thoughts on shopping, omnichannel, and much more. Site Centers owns 80 shopping centers that are positioned in wealthy suburbs experiencing strong population growth. David Lukes has served as President and Chief Executive Officer and has been a member of SITE Centers' Board of Directors since March 2017. 00:00 Intro 01:07 Is SITE Centers caught up with collecting rent from the Pandemic? 01:43 Are you concerned about another COVID lockdown and its impact on retail? 02:50 What…

    Watch on YouTube ↗

The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →