CTO Realty Growth agrees to buy $93.85M grocery-anchored mixed-use asset in Richmond, VA

CTO Realty Growth, Inc.

Purchase price $93.85M for a class A, grocery-anchored mixed-use property in Richmond, VA metropolitan area.
Seller is an institutional owner with no material relationship to CTO.
Closing subject to conditions; no assurance the transaction will close.
Purchase and Sale Agreement filed as Exhibit 2.1, with confidential redactions.

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