04:29 PM EDT, 08/20/2025 (MT Newswires) -- CTO Realty Growth ( CTO ) said late Wednesday it has sold its Main Street properties in Daytona Beach, Florida for $7.1 million.

The firm said the deal generated a gain of about $1.1 million.

"We intend to recycle the proceeds...into larger format shopping centers in high growth target markets in the Southeast and Southwest," said Chief Executive Officer John Albright.