CTO - Mergers and acquisitions

WINTER PARK, Fla., June 01, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO"), an owner and operator of high-quality open-air retail centers located primarily in high-growth markets across the Southeast and Southwest, announced today the sale of Madison Yards, a 163,000-square-foot grocery-anchored shopping center in Atlanta, Georgia (the "Property") for $73.3 million, representing a price of $451 per square foot. "This disposition executes on our capital recycling strategy, allowing us to redeploy capital into higher-yielding opportunities such as our recent $81.6 million acquisition of Palms Crossing in Texas," said John P. Albright, President and Chie

WINTER PARK, Fla., March 02, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO"), a leading owner and operator of high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States, today announced the acquisition of Palms Crossing (the "Property"), an open-air retail center consisting of 399,000 square feet for a purchase price of $81.6 million. Palms Crossing is currently 98% leased, anchored by Best Buy, Hobby Lobby, Burlington Coat Factory, Barnes & Noble and Nike. The Property is located on 47 acres in McAllen, Texas with a population of approximately 200,000 within a five-mile radius. Additionall

WINTER PARK, Fla., Dec. 19, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO"), an owner and operator of high-quality open-air retail centers located predominately in high-growth markets across the Southeast and Southwest, announced today the sale of the Shops at Legacy North, a 243,000-square-foot mixed-use lifestyle center in Dallas, Texas (the "Property"). The Property was sold for $78.0 million, equating to $321 per square foot. "We are very pleased with the strong pricing achieved on this transaction, which reflects the significant leasing completed at the Shops at Legacy North over the past two years," said John P. Albright, President and Chief Exec

WINTER PARK, Fla., Dec. 18, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO"), a leading owner and operator of high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States, today announced the acquisition of Pompano Citi Centre (the "Property"), an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort Lauderdale, Florida, for a purchase price of $65.2 million. The Property consists of 509,000 square feet of operating space, currently 92% occupied, along with 62,000 square feet of unfinished shell space primarily on the second level presenting future leasing upside. P

WINTER PARK, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO"), a leading owner and operator of high-quality, open-air shopping centers located in the higher growth Southeast and Southwest markets of the United States, today announced the acquisition of Ashley Park (the "Property"), a 559,000-square-foot, 60-acre, lifestyle center in the Newnan submarket of Atlanta, Georgia for a purchase price of $79.8 million. The purchase price represents a going-in cap rate near the high end of the Company's current guidance range for initial cash yields. The acquisition increases the total portfolio by 12%, to 5.2 million square feet. "This acquisiti

WINTER PARK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the acquisition of Marketplace at Seminole Towne Center, a 318,000 square foot multi-tenant retail power center in the Sanford submarket of Orlando, Florida (the "Property") for a purchase price of $68.7 million. The purchase price represents a going-in cap rate within the range of the Company's current guidance for initial cash yields. "We are pleased to announce the acquisition of Marketplace at Seminole Towne Center, a premier retail destination near our headquarters in Orlando, Florida," said John P. Albright, President and Chief Executive Officer of CTO Re

WINTER PARK, Fla., June 12, 2023 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the acquisition of Plaza at Rockwall, a 446,500 square foot multi-tenant retail power center in the Rockwall submarket of Dallas, Texas (the "Property") for a purchase price of $61.2 million. The purchase price represents a going-in cap rate above the range of the Company's current guidance for initial cash yields. "The Plaza at Rockwall is a great addition to our high-quality, growth markets-focused portfolio, allowing us to increase exposure to the Dallas-Fort Worth metroplex in a high barriers-to-entry submarket with accretive demographics," said John P. Albr

WINTER PARK, Fla., March 03, 2022 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the acquisition of Price Plaza Shopping Center, a 205,000 square foot multi-tenant retail property in the Katy submarket of Houston, Texas (the "Property") for a purchase price of $39.1 million, or $190 per square foot. The purchase price represents a going-in cap rate above the range of the Company's guidance for initial investment cash yields. "We're very pleased to be entering the Houston, Texas market with our acquisition of Price Plaza Shopping Center," said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. "With its considerabl

DAYTONA BEACH, Fla., Dec. 21, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the acquisition of a mixed-use property totaling approximately 137,000 square feet in downtown Santa Fe, New Mexico (the "Property") for $16.3 million, or $118 per square foot. The Company also announced the sale of a single tenant property located in Falls Church, Virginia leased to 24 Hour Fitness. "Our acquisition in Santa Fe is a unique situation where we are able to opportunistically acquire an extremely well-located property with immediate repositioning upside in a dynamic market with attractive growth prospects," said John P. Albright, President and C

DAYTONA BEACH, Fla., Dec. 21, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the acquisition of a 28,000-square foot property in the Winter Park suburb of Orlando, Florida (the "Property") for $13.2 million. "This is a very exciting acquisition for us and an attractive option as we looked to establish a presence in Orlando to accommodate our growing team," said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. "Orlando is experiencing unprecedented growth as more and more people relocate to Florida, and Winter Park is benefitting as one of the area's strongest and most sought-after submarkets. The Proper

DAYTONA BEACH, Fla., Dec. 02, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced the acquisition of Beaver Creek Crossings, a 320,600 square foot multi-tenant retail property in the Apex submarket of Raleigh, North Carolina (the "Property") for $70.5 million. The purchase price represents a going-in cap rate within the range of the Company's guidance for initial cash yields. "We're excited to be reentering the Raleigh, North Carolina market with our acquisition of Beaver Creek Crossings," said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. "Raleigh has experienced explosive growth in recent years as it bene

DAYTONA BEACH, Fla., July 01, 2021 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE:PINE) (the "Company") announced today it closed its previously announced acquisition of six high-quality net lease retail properties for a combined purchase price of $44.5 million from CTO Realty Growth, Inc. (NYSE:CTO) on June 30, 2021 (the "CTO Portfolio"). The CTO Portfolio consists of properties net leased to leading national retailers such as Lowe's, Walgreens, Harris Teeter and Big Lots, with more than 60% of annualized base rent coming from properties leased to, or with leases guaranteed by investment grade-rated entities. All six of the properties in the CTO Portfolio are within metrop

DAYTONA BEACH, Fla., June 24, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE:CTO) (the "Company" or "CTO") today announced it has acquired The Shops at Legacy North, an approximately 236,000 square foot retail-driven mixed-use lifestyle property in Plano, Texas (the "Property"). The Shops at Legacy North, which was constructed in 2007 and includes nearly 1,000 parking spaces, is currently 83% occupied and is situated on 12.7 acres across the Dallas North Tollway from Legacy West at the core of the 2,665-acre master-planned Legacy District, one of the premier live-work-play communities in the United States. The Property has excellent accessibility to a large concentration of Fortun

DAYTONA BEACH, Fla., March 03, 2021 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of an approximately 183,000 square foot multi-tenant retail property in the West Jordan suburb of Salt Lake City, Utah (the “Property”) for a purchase price of approximately $20.0 million, or $117 per square foot. The purchase price represents a going-in cap rate within the range of the Company’s guidance for initial cash yields. “We are pleased to be entering the growing Salt Lake City MSA, which represents a new market for CTO, and we’re particularly excited about the strong positioning of this property,” said John P. Albright, President

DAYTONA BEACH, Fla., Dec. 29, 2020 (GLOBE NEWSWIRE) -- CTO Realty Growth (NYSE American: CTO) (the “Company”) announced today the closing of the sale of a property located in Austin, Texas leased to Outback Steakhouse and a summary of its 2020 transaction activity. “We’re thrilled to be finishing a record year of transaction activity on such a positive note with the sale of the property in Austin, Texas,” said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. “The proceeds generated by these most recent asset sales will help fuel the execution of our investment strategy in 2021, where we’ll continue to focus on building a best-in-class diversified real estate p