Everglades Farm Equipment buys Palmetto AG-equipment dealership

BUYER: Everglades Farm Equipment Co. Inc. (principals; John, Eleanor, Michael, William and Thomas Schlechter), Belle Glade
SELLER: Alegra LLC
PROPERTY: 906 E. 10th St., Palmetto
PRICE: $1.7 million
PREVIOUS PRICE: $3.43 million, January 2008
LAW FIRM ON DEED: Harrison Kirkland Pratt & McGuire PA, Bradenton

PLANS, DESCRIPTION: Belle Glade-based Everglades Farm Equipment Co. Inc. purchased a John Deere dealership in Palmetto near U.S. 301 for $1.7 million.

The price equated to $45 per square foot. That figure is lower than the two-year average price per square foot for retail space ($146) in the Tampa Bay area, according to the CoStar Group.