CTO Realty Growth Announces New Leasing at Albuquerque, New Mexico Property, Maintaining Leased Occupancy at 100%

Core Insights - CTO Realty Growth, Inc. has fully leased its last non-core office building, totaling 212,000 square feet, to two investment-grade tenants: Fidelity and the State of New Mexico [2][3] - The State of New Mexico has amended its lease to increase its total space to 98,000 square feet, with a 10-year agreement and two five-year options [3] - Fidelity has reduced its occupied space to 114,000 square feet, with its lease running through November 2028 and including two five-year options [3] - The blended annualized base rent for the property is expected to grow by approximately 9% upon the commencement of rent [4] Company Overview - CTO Realty Growth, Inc. specializes in owning and operating high-quality open-air shopping centers located in higher-growth markets in the Southeast and Southwest regions of the United States [4] - The company also manages and holds a significant interest in Alpine Income Property Trust, Inc. [4]