FOR IMMEDIATE RELEASE – LAKELAND, FL
October 20, 2016 – Coldwell Banker Commercial Saunders Real Estate (CBCSRE) brokered the sale of 2,526 acres to the State of Florida as a perpetual conservation easement. SY Hartt and Son Inc. in Sebring sold the property to the state’s Rural and Family Lands Protection Program (RFLPP) for $4.3 million. The sale was brokered by CBCSRE owner Dean Saunders, ALC, CCIM.
RFLPP, created in 2001 by the Florida Legislature, is administered by the Florida Forest Service, a division of the Florida Department of Agriculture and Consumer Services. The program acquires perpetual conservation easements on Florida ranches and farms to protect rural and working agricultural lands threatened by development. RFLPP easements allow landowners to continue to work the lands, keep the property on the tax role, and remain agriculturally sustainable.
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.