News Releases

News Releases

28 May / 2019

Consolidated Tomoka Acquires Single-Tenant Retail Property Leased to 24 Hour Fitness in Falls Church, VA for $21.3 Million and Sells Multi-Tenant Property in Winter Park, FL for $18.3 Million

DAYTONA BEACH, Fla., May 28, 2019 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced the purchase of an approximately 46,000 square foot building on 3.09 acres in Falls Church, VA (the “Property”), for approximately $21.25 million, under a
16 May / 2019

Consolidated Tomoka Announces Closing of $3.0 Million Land Sale

DAYTONA BEACH, Fla., May 16, 2019 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced the closing of the sale of approximately 12.6 acres (the “2019 NADG Land Sale”), for approximately $3.0 million, or approximately $239,000 per acre, to an
10 Apr / 2019

Consolidated Tomoka Announces Large Block Share Repurchase of 320,741 Shares, or Approximately 6% of its Outstanding Shares, in Connection with Disposition of all Shares Owned by its Largest Shareholder

DAYTONA BEACH, Fla., April 10, 2019 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced that the Company repurchased a large block of shares of the Company’s common stock as part of the disposition of the entire position owned by its largest
08 Apr / 2019

Consolidated Tomoka Announces Update of Land Pipeline

DAYTONA BEACH, Fla., April 08, 2019 (GLOBE NEWSWIRE) -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced an update of its pipeline of land contracts which included the termination of the Company’s contract with O’Connor Management (“O’Connor”) and the Company
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