News Releases

News Releases

29 Oct / 2013

Consolidated-Tomoka Land Co.’s $3.8 Million Judgment Upheld

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Today, the Fifth District Court of Appeal ruled in favor of Consolidated-Tomoka Land Co., in the appeal entitled Branch Banking and Trust Company v. Consolidated-Tomoka Land Co., Case No. 5D12-3323, Fifth District Court of Appeal for the State of Florida.
23 Oct / 2013

Consolidated-Tomoka Land Co. Declares $0.03 Dividend

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- At its regularly scheduled meeting of the Board of Directors held today, Consolidated-Tomoka Land Co. (NYSE MKT:CTO) declared a semi-annual dividend of $0.03 per share payable on November 26, 2013 to shareholders of record on November 8, 2013. Jeffry B.
24 Sep / 2013

Consolidated Tomoka Announces Amendment to Oil Exploration Lease

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT:CTO) (the “Company”) today announced the amendment of its eight-year oil exploration lease on approximately 136,000 net mineral acres in Hendry and Lee Counties, Florida, that was originally executed in 2011.
16 Sep / 2013

Consolidated Tomoka Acquires Big Lots Store in Germantown, Maryland

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the “Company”) today announced the acquisition of a 25,600 square-foot building situated on 2.40 acres in Germantown, Maryland. The building is located within the Milestone Center, an approximately 860,000
06 Sep / 2013

Consolidated Tomoka Announces New Lease and Flex/Office Development

DAYTONA BEACH, Fla.--(BUSINESS WIRE)-- Consolidated-Tomoka Land Co. (NYSE MKT: CTO) (the “Company”) today announced the signing of a new ten-year lease with Lamar Advertising Co. for approximately 7,700 square feet of flex/office space and the commencement of the second development phase of its
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