CTO Realty Growth, Inc. has acquired three shopping centers in the Southeast for a total of $137.5 million.
One is located in Charlotte, North Carolina, called the Carolina Pavilion. Another, named Millenia Crossing, is in Orlando, Florida, and the third, Lake Brandon Village, is in Tampa Bay, Florida.
The Carolina Pavilion measures about 691,000 square feet and sits on 72 acres. The shopping center carries an occupancy rate of 93 percent, with notable brands including AMC, Nordstrom Rack, Ross and Burlington, Floor & Décor, and Target.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
