Saunders and Vogel of CBC Saunders Real Estate reps buyer in $562 million land sale

A $562 million land purchase, one of Florida's largest in recent history, has closed according to Dean Saunders, ALC, CCIM, CEO of CBC Saunders Real Estate. Saunders and Jack Vogel represented the buyer, AgReserves, Inc. The seller, St. Joe Company, was represented by TAP Advisors. "This transaction between two of Florida's largest and most committed land stewards is a meaningful reminder of the economic and ecological value of agriculture in our state," said commissioner of agriculture, Adam Putnam. "The acquisition by AgReserves, Inc., of more than 380,000 acres in North Florida from The St. Joe Company reflects a long term investment in the state's timber and cattle industries." CBC Saunders Real Estate is the state's premier broker of large agricultural, timber, and conservation land transactions. Every year, Florida land value data is delivered in Saunders' "Market Report," a comprehensive analysis presented at the firm's annual "Lay of the Land Conference." This year's Conference, 2014's premier, invitation-only land values event for major Florida land owners, buyers and developers, will be held on April 4th at the Streamsong Resort, Florida.