Brief: CTO Realty Growth Announces Acquisition Of Mixed-Use, Grocery-Anchored Lifestyle Property In Richmond, Virginia For $93.9 Million
Oct 17 (Reuters) - CTO Realty Growth Inc CTO.N :
* CTO REALTY GROWTH ANNOUNCES ACQUISITION OF MIXED-USE,
GROCERY-ANCHORED LIFESTYLE PROPERTY IN RICHMOND, VIRGINIA FOR
$93.9 MILLION
* CTO REALTY GROWTH - PROPERTY WAS PURCHASED THROUGH 1031
LIKE-KIND EXCHANGE USING $35.0 MILLION OF RESTRICTED CASH
* CTO REALTY GROWTH INC - PROPOSED DEAL FOR A PURCHASE PRICE
OF
$93.9 MILLION
Source text for Eikon: ID:nGNXbxysC9
Further company coverage: CTO.N
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