- CEO
- John Albright
- Full Time Employees
- 37
- Sector
- Real Estate
- Industry
- REIT - Diversified
- Address
- 1140 North Williamson Boulevard Winter Park FL United States of America 32114
- IPO Date
- Jun 30, 2021
- Business
- CTO Realty Growth, Inc. (NYSE: CTO) is a publicly traded real estate investment trust that owns and operates a portfolio of high-quality, retail-based properties located primarily in higher growth markets in the Sun Belt region of the United States, including grocery-anchored lifestyle centers, mixed-use developments with retail, office, and entertainment components, and single-tenant net lease assets; the portfolio totals 21 properties encompassing approximately 5.2 million square feet across retail (69.7% of cash base rent), mixed-use (26.7%), and office (3.6%) segments, with key holdings such as West Broad Village in Glen Allen, Virginia (anchored by Whole Foods and REI), Ashford Lane in Atlanta, Georgia, Shops at Legacy North in Plano, Texas, and Ashley Park in the Newnan submarket of Atlanta; CTO also externally manages and owns a meaningful interest in Alpine Income Property Trust, Inc. (NYSE: PINE), a publicly traded net lease REIT focused on single-tenant properties. Founded in 1910 as Consolidated Naval Stores Company in Jacksonville, Florida, and headquartered in Winter Park, Florida, the company converted to a REIT structure in 2020 following a strategic shift from legacy timberland holdings to income-producing commercial real estate, with additional offices in Daytona Beach, Florida. In recent developments, CTO completed the acquisition of a three-property portfolio in 2024 expanding its footprint in Charlotte, Tampa, and Orlando markets with 19% growth in square footage and 14% in annual base rent; acquired Ashley Park, a 559,000-square-foot lifestyle center in Atlanta, Georgia, in March 2025; acquired a $79.8 million property in May 2025; secured $150 million in new term loan financing at an initial fixed rate of 4.2% in 2025 to strengthen its balance sheet and repay maturing debt; raised its full-year 2025 outlook for Core FFO and AFFO amid strong leasing activity, including 482,000 square feet year-to-date at a 21.7% positive rent spread and a $5.5 million signed-not-open pipeline, achieving 94.2% portfolio occupancy; and initiated a new $10 million common stock repurchase program in September 2025 after completing a prior program.