Bainbridge buys Falkenburg land, starts apartment development

BUYER: BGB Brandon LLC (manager: Richard Schechter and title authorized representative: Sanford Fox), Wellington
SELLER: BEBO Holdings LLC
PROPERTY: a portion of South Falkenburg Road and Causeway Boulevard, Brandon also known as lot 2A Crossroads Town Center
PRICE: $7.3 million
LAW FIRM ON DEED: Broad and Cassel, Boca Raton

PLANS, DESCRIPTION:
An affiliate of The Bainbridge Cos. purchased an 18-acre piece of vacant commercial land at the southwest corner of Interstate 75 and the Lee Roy Selmon Expressway for $7.3 million.

The price equated to $405,556 per acre.