Dean Saunders, ALC, CCIM and Jack Vogel
of Coldwell Banker Commercial Saunders Real Estate in Lakeland, Florida
have facilitated the sale agreement on behalf of their buyer,
AgReserves, Inc. a tax-paying affiliate of The Church of Jesus Christ of
Latter-Day Saints.
The sale agreement is for $565 million for
382,834 +/- acres of timberland in the Florida panhandle. The land is
currently owned by the St. Joe Company.