SITE Centers (SITC) S-3ASR Automatic shelf registration

Exhibit 25.1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM T-l

STATEMENT OF ELIGIBILITY UNDER
THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE

Check if an Application to Determine Eligibility of
a Trustee Pursuant to Section 305(b)(2)       

U.S. BANK TRUST NATIONAL ASSOCIATION

(Exact name of Trustee as specified in its charter)

41-1973763

I.R.S. Employer Identification No.

300 East Delaware Avenue, 8th Floor
Wilmington, Delaware	19801
(Address of principal executive offices)	(Zip Code)

Thomas E. Tabor

U.S. Bank Trust National Association 100 Wall Street, Suite 1600

New York, NY 10005

Telephone (212) 361-6184

(Name, address and telephone number of agent for service)

Developers Diversified Realty Corporation

(Exact name of obligor as specified in its charter)

Ohio	34-1723097
(State or other jurisdiction of	(I. R. S. Employer
incorporation or organization)	Identification No.)
3300 Enterprise Parkway
Beachwood, OH	44122
(Address of principal executive offices)	(Zip Code)

3.00% Convertible Senior Notes due March 15,2012

FORM T-1

Item 1. GENERAL INFORMATION.Furnish the following information as to the Trustee.

a) Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency
Washington, D.C.

b) Whether it is authorized to exercise corporate trust powers.

Yes

Item 2. AFFILIATIONS WITH OBLIGOR.If the obligor is an affiliate of the Trustee, describe each such affiliation.

None

Items 3-15 The Trustee is a Trustee under other Indentures under which securities issued by the obligor are outstanding. There is not and there has not been a default with respect to the securities outstanding under other such Indentures.

Item 16. LIST OF EXHIBITS: List below all exhibits filed as a part of this statement of eligibility and qualification.

1.	A copy of the Articles of Association of the Trustee now in effect, incorporated herein by reference to Exhibit 1 of Form T-l, Document 6 of Registration No. 333-84320.
2.	A copy of the certificate of authority of the Trustee to commence business, incorporated herein by reference to Exhibit 2 of Form T-l, Document 6 of Registration No. 333- 84320.
3.	A copy of the certificate of authority of the Trustee to exercise corporate trust powers, incorporated herein by reference to Exhibit 3 of Form T-l, Document 6 of Registration No. 333-84320.
4.	A copy of the existing bylaws of the Trustee, as now in effect, incorporated herein by reference to Exhibit 4 of Form T-l, Document 6 of Registration No. 333-113995.
5.	Not applicable.
6.	The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939, incorporated herein by reference to Exhibit 6 of Form T-l, Document 6 of Registration No. 333-84320.
7.	Report of Condition of the Trustee as of December 31, 2006, published pursuant to law or the requirements of its supervising or examining authority, attached as Exhibit 7.
8.	Not applicable.
9.	Not applicable.

2

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the Trustee, U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of New York, State of New York on the 8^th day of May, 2007.

U.S. BANK TRUST NATIONAL ASSOCIATION
By:	/s/ Thomas E. Tabor
	Name:	Thomas E. Tabor
	Title:	Vice President

3

Exhibit 7

U.S. Bank National Association

Statement of Financial Condition

As of 12/31/2006

($000’S)

	12/31/2006
Assets
Cash and Due From Depository Institutions	$	8,644,951
Securities		39,699,269
Federal Funds		3,512,083
Loans & Lease Financing Receivables		141,159,825
Fixed Assets		2,300,043
Intangible Assets		12,048,875
Other Assets		10,437,280
Total Assets	$	217,802,326
Liabilities
Deposits	$	135,903,121
Fed Funds		12,316,778
Treasury Demand Notes		0
Trading Liabilities		139,984
Other Borrowed Money		33,217,524
Acceptances		0
Subordinated Notes and Debentures		7,384,026
Other Liabilities		6,677,926
Total Liabilities	$	195,639,359
Equity
Minority Interest in Subsidiaries	$	1,544,842
Common and Preferred Stock		18,200
Surplus		11,976,937
Undivided Profits		8,622,988
Total Equity Capital		822,162,967
Total Liabilities and Equity Capital	$	217,802,326

To the best of the undersigned’s determination, as of the date hereof, the above financial information is true and correct.

U.S. Bank National Association
By:	/s/ Thomas E. TaborVice President
Date: May 8, 2007

4