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REIT sells high-profile retail hub in Dallas area to help fund Florida acquisition

CTO Realty Growth reinvests proceeds from $78 million deal as part of 1031 exchange
The 243,000-square-foot retail center, known as the Shops at Legacy North, has sold to a Texas real estate investment firm. (CoStar)
The 243,000-square-foot retail center, known as the Shops at Legacy North, has sold to a Texas real estate investment firm. (CoStar)
CoStar News
December 22, 2025 | 9:45 P.M.

A high-profile retail center in the Dallas area has traded to a Texas real estate investment firm in a $78 million deal, giving the seller, CTO Realty Growth, the funds to acquire a retail property in Florida.

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