Ronto buys 1,414 acres for $18M

  • By Business Observer Staff
  • | 4:26 p.m. May 2, 2011
  • Charlotte–Lee–Collier
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BONITA SPRINGS — The Ronto Group and Rockpoint Capital closed on a deal Friday to buy 1,414 acres of Gulf Coast land for $18 million. Roughly half of that land is located at the east end of Bonita Beach Road and is zoned for residential development.

 

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