CTO Realty Growth Acquires Zona Rosa, 768K Square Foot Mixed-Use Center In Kansas City, Missouri, For $63.3M Or $82 Per Square Foot
Acquired Significantly Below Replacement Cost - - Property Provides Long-Term Repositioning Opportunity - - 2026 Year-to-Date Investments Total $334 Million - WINTER PARK, Fla., Sept. 14, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO ) (the "Company" or "CTO") today announced the acquisition of Zona Rosa, a 768,000 square foot mixed-use center located in Kansas City, Missouri, for $63.3 million, or $82 per square foot. The Company believes the combination of strong market demographics combined with its proven expertise to extract meaningful value from prior repositioning executions will provide the opportunity to produce a compelling initial yield and long-term return.
, Sept. 14, 2026 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. 3 million, or $82 per square foot. The Company believes the combination of strong market demographics combined with its proven expertise to extract meaningful value from prior repositioning executions will provide the opportunity to produce a compelling initial yield and long-term return.