Business
Leased Occupancy at Marketplace at Seminole Towne Center Reaches 100%
WINTER PARK, Fla., Dec. 22, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”), an owner and operator of high-quality open-air retail centers located predominately in high-growth markets across the Southeast and Southwest, today announced that the Company has signed an anchor lease with an investment-grade national retailer at Marketplace at Seminole Towne Center (the “Center”), located in Orlando, Florida. This new lease for 48,000 square feet will consolidate
About this update from Big Lots, Inc.
[{"type":"image","alt":"CTO Realty Growth, Inc.","displaySize":"","headline":null,"caption":"CTO Realty Growth, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":216,"url":"https://media.zenfs.com/en/globenewswire.com/667396cf0bdfbe9314cff43bdfbb843f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/a0E93RqxKsBMTN6N6c0lbA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTMwMjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/667396cf0bdfbe9314cff43bdfbb843f","width":300,"height":216}},"lazy":false},{"type":"text","content":"WINTER PARK, Fla., Dec. 22, 2025 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”), an owner and operator of high-quality open-air retail centers located predominately in high-growth markets across the Southeast and Southwest, today announced that the Company has signed an anchor lease with an investment-grade national retailer at Marketplace at Seminole Towne Center (the “Center”), located in Orlando, Florida.","length":445,"tagName":"p"},{"type":"text","content":"This new lease for 48,000 square feet will consolidate 34,000 square feet formerly occupied by Big Lots, 9,000 square feet of small shop space and 5,000 square feet of new expansion space. The initial term of the lease is 10 years and the tenant is expected to open in early 2027. The Center now has 100% leased occupancy with the execution of this lease.","length":355,"tagName":"p"},{"type":"text","content":"“We’re excited to welcome a nationally recognized tenant, driving leased occupancy at the Center to 100%,” said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. “We have now resolved seven of the ten vacant anchor spaces that we have been focused on which present a unique mark-to-market releasing opportunity to generate NOI growth. Further, we are having lease negotiations with several prospective tenants and remain on track to achieve a 40% to 60% positive cash leasing spread in total for all ten anchor spaces.”","length":547,"tagName":"p"},{"type":"text","content":"The Market Place at Seminole Town Center spans 320,000 square feet across 41 acres, strategically located along I-4 and SR 417, two major Central Florida thoroughfares, just over 20 miles north of downtown Orlando. Anchored by national retailers including Target (shadow anchored), Burlington, Marshalls, Boot Barn, a...