ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
Benderson Development has partnered with The Villages to buy more than 3,400 acres of industrial land in Sumter County.
â–¶ WATCH CHANNEL 9 EYEWITNESS NEWS
The partnership purchased Monarch Ranch, at the intersection of Interstate 75 and the Florida Turnpike between Wildwood and Coleman, for $40 million. Avison Young, which marketed the property for sale, announced the transaction on Jan. 16. A deed has not yet been filed in Sumter County.
Avison Young principals Jay Ziv, Michael T. Fay, John K. Crotty, David Duckworth, Brian de la Fé and Greg Morrison marketed and sold the site.
Read: Chick-fil-A class action deadline looms; how you can get your portion of settlement
Click here to read the full story on the Orlando Business Journal’s website.
Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
©2024 Cox Media Group