Polk's Story Cos. buys Immokalee citrus grove

By Business Observer Staff
| 10:00 a.m. October 25, 2013
| 0 Free Articles Remaining!

Tampa Bay-Lakeland

BUYER: Story Groves Inc. (principals: Victor, Kyle and Matthew Story), Lake Wales
SELLER: 734 Co-op Groves LLC
PROPERTY: a piece of land off Ranch 1 Road, Immokalee
PRICE: $1.21 million
PREVIOUS PRICE: $5.3 million, December 2012 (includes additional land)
LAW FIRM ON DEED: Peterson & Myers PA, Lakeland

PLANS, DESCRIPTION: Lake Wales-based family-owned citrus firm The Story Cos. purchased nearly 120 acres of agricultural land in Immokalee for $1.21 million.

The price equated to $10,042 per acre based on the rough acreage.