$562 Million Sale Closed on More than 380,000 Acres of North Florida Timberland

 SVN | Saunders Real Estate Announces Closing Of Historic Florida Land Purchase

LAKELAND, Fla., March 6, 2014 /PRNewswire/ — A $562 million land purchase, one of Florida’s largest in recent history, was closed today, announced Dean Saunders, ALC, CCIM, CEO of SVN | Saunders Real Estate in Lakeland, Florida.

Dean Saunders, ALC, CCIM and Jack Vogel represented the buyer, AgReserves, Inc. The seller, The St. Joe Company, was represented by TAP Advisors.

“This transaction between two of Florida’s largest and most committed land stewards is a meaningful reminder of the economic and ecological value of agriculture in our state,” said Commissioner of Agriculture, Adam Putnam. “The acquisition by AgReserves, Inc. of more than 380,000 acres in North Florida from The St. Joe Company reflects a long term investment in the state’s timber and cattle industries.”

SVN Saunders Real Estate is the state’s premier broker of large agricultural, timber, and conservation land transactions. Every year, Florida land value data is delivered in Saunders’ “Market Report,” a comprehensive analysis presented at the firm’s annual “Lay of the Land Conference.”  This year’s Conference, 2014’s premier, invitation-only land values event for major Florida land owners, buyers and developers, will be held on April 4th at the Streamsong Resort, Florida.

About SVN Saunders Real Estate.

SVN | Saunders Real Estate is an authority on all types of Florida land, transacting over $1 billion in sales from 1996 through 2013. Expanded in 2013 by adding the SVN Saunders Real Estate | Forestry Group with advanced timberland expertise, the Saunders team of foresters and land real estate professionals offers advisory and transactional services through the home office in Lakeland, FL and its worldwide network of SVN affiliates.

SVN Saunders Real Estate offers a broad range of services to meet the real estate needs of Florida landowners. Through long-held relationships with key government and industry decision makers, the firm provides consulting on government issues at local, state and national levels.

©2014 SVN | Saunders Real Estate, All rights Reserved, Worldwide. SVN and the SVN Logo are registered service marks licensed to SVN Affiliates. Each Office is Independently Owned and Operated.

Contact: Lauren Saunders, 863-648-1528, laurens@saundersrealestate.com

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