CTO Realty Growth Announces Acquisition of Lifestyle Center in Atlanta, Georgia for $79.8 Million
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CTO Realty Growth, Inc. has acquired Ashley Park, a 559,000-square-foot lifestyle center in Atlanta, Georgia, for $79.8 million. This acquisition aligns with CTO's strategy of owning high-quality shopping centers in growth markets.
March 03, 2025 | 9:30 pm
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CTO Realty Growth has acquired a major lifestyle center in Atlanta for $79.8 million, enhancing its portfolio in high-growth markets.
The acquisition of Ashley Park is a strategic move for CTO Realty Growth, as it aligns with their focus on high-growth markets. This could positively impact their revenue and market position, likely leading to a short-term positive impact on their stock price.
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