CTO Reports Strong Q2 2025 Earnings with Positive Leasing Momentum
CTO delivered strong Q2 2025 operating results, driven by robust leasing activity. The company signed 227,000 square feet of new leases and renewals at an average cash base rent of $25.43 per square foot, with a 22% cash rent spread on comparable leases. The company has full control of 10 anchor spaces following the exit of Party City and JOANN's, with 5 of them already leased to new tenants.
Topics: Anchor Space Leasing Earnings Call Leasing Performance Retail Real Estate Tenant Changes