Pinnacle Development Group, partner buy Buckingham Estates land

By Business Observer Staff
| 10:00 a.m. October 3, 2014
| 0 Free Articles Remaining!

Commercial Real Estate

BUYER: 11400 Orange River LLC, Fort Myers
SELLER: Beazer Homes Corp.
PROPERTY: 11270 and 11400 Orange River Blvd., Fort Myers
PRICE: $1.23 million
PREVIOUS PRICE: $2.19 million, March 2005
TITLE FIRM ON DEED: First American Title Insurance Co., Winter Park

PLANS, DESCRIPTION:
Weston-based Pinnacle Development Group LLC and an equity partner purchased 133.95 acres a mile east of Interstate 75, for $1.23 million.

The price equated to $9,183 acre.