Consolidated-Tomoka Land CTO today announced it funded a
two-step transaction to acquire a 14,280 square-foot Walgreens store in
Boulder, Colorado, in the amount of $7.4 million. The Company is acquiring
this property in part through investment of proceeds from the December 2011
sale of the Barnes & Noble property in Lakeland, Florida. The completion of
this transaction is anticipated to occur during second quarter 2012.
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