Site Centers has sold a portfolio of three open-air shopping centers for $137.5 million to CTO Realty Growth as it prepares to spin off its strip malls and focus on that retail sector.
Site Centers Divests More Retail Properties With $137.5 Million Sale to CTO Realty
REIT Trades Portfolio of Three Open-Air Shopping Centers
By Linda Moss
CoStar News
August 23, 2024 | 9:30 P.M.
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IN THIS ARTICLE
- Properties
- Lake Brandon Village
11331 Causeway Blvd, Brandon, FL
- Lee Vista Promenade
5800 Lee Vista Blvd, Orlando, FL
- Carolina Pavilion
9541 South Blvd, Charlotte, NC
- Companies
- CTO Realty Growth Inc.
Real Estate
- Blackstone Inc.
Finance and Insurance
- SITE Centers
Real Estate