In the second transaction of the week, Carlisle Realty Group paid Debra Inc. $2.35 million or $188,000 per acre ($4.31 per sf) for a 12.5-acre parcel. The buyer plans to build a 110,000-sf retail center adjacent to the new prototype 230,000-sf Wal-Mart Supercenter at the main entrance to MetroWest. Construction is expected to begin in the first quarter.

Carlisle will also develop three outparcels containing 40,000 sf within the 12.5-acre tract. R.J. Twitty & Co. II Inc. of Orlando brokered the transaction.

The mortgage banking and real estate brokerage also participated in the $60 million sale of 520 undeveloped acres at MetroWest last week. L.M. Sandler and Sons Inc. of Virginia Beach, VA and its Miami affiliate, SouthStar Development Partners Inc. bought the land from Debra Inc.

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