CTO Realty Growth Announced Closing The Acquisition Of A Portfolio Of Three Open-air Shopping Centers For A Purchase Price Of $137.5M
Portfolio Pulse from Benzinga Newsdesk
CTO Realty Growth has completed the acquisition of three open-air shopping centers for $137.5 million. This strategic move is expected to enhance their portfolio and potentially increase revenue streams.
August 21, 2024 | 10:47 am
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CTO Realty Growth has successfully acquired three open-air shopping centers for $137.5 million, which is likely to strengthen their asset portfolio and enhance revenue potential.
The acquisition of three shopping centers is a significant expansion of CTO Realty Growth's asset base. This move is likely to improve their revenue streams and market position, positively impacting their stock price in the short term.
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