facebook
Traded Co logo
Submit a Deal
Florida's Tpke & I-75
SOLD

The Villages Acquires 3,400-Acre Monarch Ranch In Florida For $40M

Florida's Tpke & I-75

Land
clock iconSold 178 days ago
Jay Ziv
Michael Fay
John Crotty
+ 4
the dealplayerscompscontact
share iconContact now

Summary

Sale
FLORIDA
Land

The 3,400-acre Monarch Ranch industrial site in Sumter County has been acquired by The Villages in partnership with Benderson Development for $40 million. The property, located at the intersection of I-75 and Florida’s Turnpike, holds significant potential for large-scale industrial development and warehousing activity, positioning it as a vital distribution center between Orlando and Tampa.

Summary of transation details:

  • Property Type: Land
  • Transaction Amount: $40,000,000
  • Address: Florida's Tpke & I-75
  • Market: Florida
  • Asset Type: Land
  • Acres: 3,400

Brian De La Fé, David Duckworth, Greg Morrison, Jay Ziv, John Crotty, and Michael Fay from Avison Young acted as the brokers in facilitating the acquisition of the Monarch Ranch industrial site. The collaboration between The Villages and Benderson Development underlines a strategic move towards strengthening industrial development in the region, capitalizing on the property's prime location for future growth and distribution operations.

Players

  • All

    7

  • Agents

    6

  • Agencies

    1

Jay Ziv's profile picture
Jay Ziv
Avison Young-image
Principal
$109M Sold
John Crotty's profile picture
David Duckworth's profile picture
Brian de la Fe's profile picture
Greg Morrison's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: Michael Fay, Brian De La Fé, David Duckworth, John Crotty, Randy Benderson, Jay Ziv & Greg Morrison DATE: 01/16/2024 ADDRESS: Florida's Tpke & I-75 MARKET: Florida ASSET TYPE: Land ~ ACRES: 3,400 BUYER: The Villages; Randy Benderson - Benderson Development (@BendersonDevelopment) BROKERS: Brian De La Fé, David Duckworth, Greg Morrison, Jay Ziv, John Crotty (@JohnkCrotty) & Michael Fay (@MichaeltFay) - Avison Young (@Avison_Young_Global) SALE PRICE: $40,000,000 NOTE: The Villages, in partnership with Benderson Development, has acquired the 3,400-acre Monarch Ranch industrial site in Sumter County for $40 million. Located at the intersection of I-75 and Florida’s Turnpike, the strategic property offers the potential for large-scale industrial development and millions of square feet of warehousing activity, serving as a key distribution hub between Orlando and Tampa.

View on map

Loading...

AddressFlorida's Tpke & I-75

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want