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Consolidated Tomoka Acquires Big Lots Store in Glendale, Arizona for Approximately $5.0 Million

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Consolidated Tomoka Acquires Big Lots Store in Glendale, Arizona for Approximately $5.0 Million Powered By Docstoc
					
				
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posted:1/23/2013
language:Japanese
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Description: DAYTONA BEACH, Fla.--(BUSINESS WIRE)--Consolidated-Tomoka Land Co. (NYSE MKT: CTO) today announced the acquisition of a 34,512 square-foot free-standing building situated on 3.62 acres leased to Big Lots in Glendale, Arizona. The property is an outparcel to the 1.2 million square foot Arrowhead Towne Center, which is owned and managed by Macerich. This former Ultimate Electronics building has been converted into a Big Lots store with a lease commencing in January 2013 for an initial term of 10 y a style='font-size:
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