Vacant former Winn Dixie center sells to Wal-Mart for Supercenter

BUYER: Wal-Mart Stores East LP, Bentonville, Ark.
SELLER: Equity One (Summerlin) Inc.
PROPERTY: 17105 and 17175 San Carlos Blvd. and 11320 and 11331 Summerlin Square Drive, Fort Myers Beach
PRICE: $6.35 million
PREVIOUS PRICE: $9.78 million, June 1998
LAW FIRM ON DEED: Adams and Reese LLP, Tampa

PLANS, DESCRIPTION:
Retail giant Wal-Mart Stores Inc. purchased the Summerlin Square shopping center for $6.35 million.

The price equated to $254,000 per acre.