Ben Hill Griffin III, CEO and chairman of the Board of Alico Inc. announced that Agri-Insurance Company Ltd., a wholly owned subsidiary of Alico Inc., has entered into a contract to sell 313 acres in Lee County, Florida to Airport Interstate Associates LLC.
The contract sales price is $10.0 million and, under the terms of the agreement, the closing could occur before the end of September 2003. The property is located approximately 1/4 mile north of Alico Road along the new Ben Hill Griffin Parkway extension.
Topics Education Universities
Was this article valuable?
Here are more articles you may enjoy.
Comulate Loses Appeal for Injunction Against Applied Systems
NC Jury Award for Workers Injured in Wall Collapse May be Largest in State History
Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI 

