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BRIEF-Consolidated Tomoka announces purchase of retail property in metro Boston, Massachusetts
April 6, 2017 / 8:27 PM / 5 months ago

BRIEF-Consolidated Tomoka announces purchase of retail property in metro Boston, Massachusetts

April 6 (Reuters) - Consolidated-Tomoka Land Co -

* Consolidated Tomoka announces purchase of single-tenant retail property in metro Boston, Massachusetts for $6.3 million

* As a result of the acquisition, co has re-invested 100% of proceeds from Minto sale utilizing 1031 like-kind exchange strategy

* Property purchased using, among others, remaining proceeds from $27.2 million sale of about 1,581 acres to Minto Communities Source text for Eikon: Further company coverage:

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