Building supplier pays $620 million for 2,000 acres in Lee County

The North Carolina company bought the property on Alico Road where it already operates a quarry.

By Louis Llovio
| 11:05 a.m. October 29, 2024
| 0 Free Articles Remaining!

Martin Marietta has bought nearly 2,000 acres in Lee County.

Charlotte–Lee–Collier

Martin Marietta, the international building supply company based in North Carolina, has bought nearly 2,000 acres in Lee County.

The company, according to county records, paid $620 million for the land in two separate transactions — one for $420 million and another for $200 million. In all, the sale was made up of 23 parcels on Alico Road near Corkscrew Road totaling 1,986.2 acres.

Martin Marietta already operates a quarry on Alico Road.