CTO Realty Growth Acquires Summit Woods Crossing For $103M
CTO Realty Growth (CTO) announced its acquisition of Summit Woods Crossing for $103.0 million.
Story updates
10:51:31 AM UTC
SquawkNews
CTO Realty Growth acquired the 545K sq ft Summit Woods Crossing in the Kansas City, MO metro for $103M, or $189/sq ft. The nearly fully occupied power center adds to 2026 YTD investments of $439M at an approximate blended initial cash yield of 9.0%.Material DetailsContext by AI AnalystThis extends…