C&S Wholesale Grocers buys $25M Sweetbay Distribution Center

BUYER: 1802 Jim Johnson Road LLC (principal: William Boyd), Keene, N.H.
SELLER: Delhaize America LLC
PROPERTY: 1802 Jim Johnson Road, Plant City
PRICE: $25 million
PREVIOUS PRICE: $2.09 million, December 1988
LAW FIRM ON DEED: Delhaize America LLC, Salisbury, N.C.

PLANS, DESCRIPTION:
Keen, N.H.-based C&S Wholesale Grocers purchased the 836,771-square-foot Sweetbay Distribution Center and Truck Maintenance building in Plant City for $25 million.

The price equated to $30 per square foot. That figure is lower than the two-year average price per square foot for industrial space ($46) in the Tampa Bay area, according to the CoStar Group.