Wal-Mart Stores Inc. officials in Bentonville, AR declined todisclose details of near-future new stores. However, Daryl M.Carter, president, Maury L. Carter & Associates, Orlando,confirms for GlobeSt.com that Gatlin and its Orlando developmentassociate, Goldenrod Marketplace Partners LP, have paid about$165,964 per acre, or $3.81 per sf, for the development site. Cityplanning officials approved the developers' rezoning request inAugust.

The seller was Carter-OCC Land Trust which is headed by Carteras trustee. Speculation that the developers were planning a750,000-sf center on the site was discounted by Carter. "The 50acres they bought from us will accommodate approximately 400,000sf," Carter tells GlobeSt.com.

Broker Patrick Chisholm of Maury L. Carter & Associates,negotiated for the trust. Dan Harper with Southampton PropertiesInc. and Max Hunt with Max Hunt & Associates represented thebuyer. The project is tentatively called Goldenrod Marketplace.

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