Two Florida Residential Development properties sold for a total of $6.25 million – Handled by CBC Saunders Real Estate

David Hitchcock

David Hitchcock, ALC

Photo of Clay Taylor, ALC

Clay Taylor, ALC

LAKELAND, FL January 12, 2016 – Coldwell Banker Commercial Saunders Real Estate (CBCSRE) handled the sale of two central Florida property transactions, one sold for $3.5 million and the other for $2.75 million.

457 +/- acres, Haines City Residential Development, listed by CBCSRE, sold for $3.5 million. The seller, Morrison Partnership, was represented by CBCSRE Associate Broker David Hitchcock, ALC CCIM, and CBCSRE Sales Associate Clay Taylor, ALC. Tenold Holding, Inc. purchased the property.

David Hitchcock and Clay Taylor also represented the seller, Fifth Third Bank, in a $2.75 million property transaction. Ashton Land Development, LLC purchased 468 +/- acres of mixed-use land in Winter Haven, Florida located on Cypress Gardens Blvd and Thompson Nursery Road (CR 540A). Ashton Land Development, LLC plans to develop the acreage with single-family and multifamily residences.

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 $2.4 billion in sales since 1996. 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 offers advisory and transactional services through their 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.