Pompano Citi Centre

CTO Realty Growth acquired Pompano Citi Centre for $65.2 million, marking its entry into the Fort Lauderdale market. The 509,000 sq ft open-air retail center boasts 92% occupancy and includes additional shell space for future leasing. This strategic acquisition in a high-income area is expected to enhance long-term value through rent adjustments and leasing initiatives, further boosting CTO’s investment volume.