The affiliate of Boca Raton, FL-based E.B. Development Inc. acquired the property, located just southeast of Interstate 95 and St. Lucie West Boulevard, from Fountains of St. Lucie West Ltd. The seller is a partnership between Juno Beach, FL-based Seven Kings Holdings and Levitt Corp. The land is within a 4,600-acre planned urban development.
West Palm Beach, FL-based RJS Realty Group represented the seller in the transaction.
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