Primerica-affiliated company buys Woods of Moccasin Wallow land

BUYER: Moccasin Wallow Holdings LLC, Tampa
SELLER: Redus Florida Land LLC
PROPERTY: the southwest corner of Moccasin Wallow Road and Interstate 75, Palmetto
PRICE: $3.6 million
LAW FIRM ON DEED: Shutts & Bowen LLP, Tampa

PLANS, DESCRIPTION:
An investment company led by Richard Trzcinski of Tampa-based Primerica Group One Inc./ Primerica Developments Inc. purchased 200 acres at an I-75 interchange for $3.6 million.

The price equated to $18,000 per acre.

The Woods of Moccasin Wallow includes 31 developed single-family residential lots. It is zoned for a total of 104 single-family lots, 268,206 square feet of retail and office space and 340,400 square feet of light industrial. The property is also east of the 2,800-unit Artisan Lakes development, which is currently being developed. Trzcinski says he will continue to develop the residential portion while evaluating the timing of the commercial.

David Berner and Bill Short of Southeast Land Consultants Inc. represented the seller, REDUS Florida Land LLC, an affiliate of Wells Fargo & Co.