112 +/- Acre South Florida Ag Reserve Area Row Crop Farm & Vegetable Packing Property Closes for $3.075 Mil

FOR IMMEDIATE RELEASE (LAKELAND, FL November 1, 2011)Coldwell Banker Commercial Saunders Real Estate (CBCSRE) in Lakeland, FL, announces the recent closing of the 112 +/- acre row crop farm and vegetable packing property that is located in the fertile Ag Reserve area of Unincorporated Palm Beach County in South Florida. The property was bank owned and sold for $3,075,000.

The CBCSRE licensed real estate sales associate who handled the deal was David Goodlett.

The REO property of 112 +/- acres has approximately 100 acres of vegetable farm (pepper and tomatoes) with remaining acres used for workshops, covered entrance areas, sheds, shop bays, and storage buildings. The farm is located west of Boynton Beach and will continue its original use as a row crop farm and for vegetable packing.

About Coldwell Banker Commercial Saunders Real Estate

Coldwell Banker Commercial Saunders Real Estate is regarded as an authority on all types of Florida land, transacting nearly $1 Billion in sales from 1996 to 2010 and over $750 Million in sales from 2004 to 2010. The Saunders team of land real estate professionals offers advisory and transactional services through its home office in Lakeland, FL and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide.

CBC Saunders Real Estate offers a broad range of services to meet the real estate needs of landowners. Through long-held relationships with key government and industry decision makers, the firm provides consulting on government issues both locally and on state and national levels. For more information, please visit www.saundersrealestate.com.