CTO Realty Growth, Inc Sells Mixed-Use Property In Santa Fe For $20M

The mixed-use property located at 150 Washington Avenue in Santa Fe, NM, was recently sold for $20,000,000. Spanning 136,000 square feet, the property achieved a price per square foot of $147. The seller, John P. Albright of CTO Realty Growth, Inc, successfully closed the transaction, resulting in a gain of approximately $4.6 million.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $20,000,000
• Market: Santa Fe, NM
• Seller: John P. Albright - CTO Realty Growth, Inc

The sale of the mixed-use property in downtown Santa Fe, New Mexico, was facilitated by John P. Albright, the CTO of Realty Growth, Inc. The transaction, valued at $20.0 million, signifies a successful deal in the Santa Fe market, showcasing the strategic acumen of the parties involved.