$9.08 million in recent Florida grove and orchard property transactions

LAKELAND, FL February 23, 2017 – Coldwell Banker Commercial Saunders Real Estate (CBCSRE) was recently involved in multiple grove and orchard land deals, totaling $9.08 million in transactions.

Ferguson Grove – Paul Meador represented the buyer, Old Florida Citrus, LLC., in the $4.05 million transaction for Ferguson Groves, a 926 acre property with 525 acres of grove located in Muse, Florida in Glades County. The seller, Ferguson Farms, Inc., was represented by Rieder Realty.

The Tree-O-Grove 600 Acres – CBCSRE Sales Associate, Jeff Cusson, CCIM, represented the seller, Tree-O-Groves, Inc., in a $3.23 million property transaction for the Tree-O-Grove, a 600-acre property in Vero Beach, Florida that grows peaches, tangelos, and different varieties of oranges. The buyer, Florida Power and Light, was also represented by Jeff Cusson.

DeSoto Grove – CBCSRE’s Dean Saunders, ALC, CCIM, founder and broker, and Brian Beasley, associate broker, represented the seller, MLIC Asset Holdings, LLC., in the $1.8 million transaction for DeSoto Grove, a 240 +/- acre orange grove located in Arcadia, Florida in DeSoto county. The buyer, represented by Walt Bethel of RE/MAX Harbor Realty, was QC Standby 5, LLC., who plans to continue using the property as a mature and productive citrus grove operation. 

About Coldwell Banker Commercial Saunders Real Estate

Coldwell Banker Commercial Saunders Real Estate is regarded as an authority on all types of Florida land and conservation easements, transacting over $2 billion in sales from 1996 through mid-2016.  Offering land, forestry, and conservation easement real estate services through CBC Saunders Real Estate and the CBC Saunders Real Estate |Forestry Group, the Saunders team of land professionals and foresters offers advisory and transactional services through the home office in Lakeland, FL, the north Florida office in High Springs, FL, and its network of Coldwell Banker Commercial affiliate offices nationwide and worldwide.  We provide services to land and commercial clients through both CBCSRE and our commercial real estate brokerage, Coldwell Banker Commercial Saunders Ralston Dantzler Realty.