CTO Realty Growth Acquires Kansas City Retail Center for $103 Million

Key Facts

1CTO Realty Growth acquired a 545,000-square-foot open-air power center in the Kansas City metro area for $103.0 million.

2The company's year-to-date investments for 2026 have reached a total of $439 million.

CTO Realty Growth acquired a 545,000-square-foot open-air power center in the Kansas City metro area for $103.0 million. GlobeNewswire reported that the company's year-to-date investments for 2026 have reached a total of $439 million, reflecting an active deployment of capital into retail assets.

CTO closed at $20.29 on October 5, 2026, after reaching a day high of $20.55 and a low of $20.22 during the session. The acquisition is part of a broader expansion strategy that has grown the company's portfolio by 30% this year to a total of 7.1 million square feet.