In the second transaction of the week, Carlisle Realty Grouppaid Debra Inc. $2.35 million or $188,000 per acre ($4.31 per sf)for a 12.5-acre parcel. The buyer plans to build a 110,000-sfretail center adjacent to the new prototype 230,000-sf Wal-MartSupercenter at the main entrance to MetroWest. Construction isexpected to begin in the first quarter.
Carlisle will also develop three outparcels containing 40,000 sfwithin the 12.5-acre tract. R.J. Twitty & Co. II Inc. ofOrlando brokered the transaction.
The mortgage banking and real estate brokerage also participatedin the $60 million sale of 520 undeveloped acres at MetroWest lastweek. L.M. Sandler and Sons Inc. of Virginia Beach, VA and itsMiami affiliate, SouthStar Development Partners Inc. bought theland from Debra Inc.
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