
CTO Realty Growth Announces Acquisition of Pompano Citi Centre for $65.2 Million | CTO Stock News

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CTO Realty Growth, Inc. announced the acquisition of Pompano Citi Centre in Fort Lauderdale, Florida, for $65.2 million. The property spans 35 acres with 509,000 square feet of operating space, 92% occupied, and offers future leasing potential. This acquisition marks CTO's entry into the Fort Lauderdale market, expanding their Florida footprint. The transaction is expected to create long-term value through strategic leasing opportunities. Cushman & Wakefield advised the seller, and Avenue Real Estate Partners will manage leasing for CTO.
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