New local Walmart site part of $51 million acquisition of six store locations

LQ Commercial has announced the successful completion of six significant land holdings on behalf of Wal-Mart Stores, totaling 150 acres with a combined transaction value of $51 million.

“The strategic acquisitions span multiple markets and reinforce Wal-Mart’s aggressive expansion strategy in Florida,” the company said in a press release.

Locally, that includes the 12.45-acre land lease at the southeast corner Cherry Lake Road and County Road 466 in Lady Lake. Site clearing has been taking place at the planned store in Lady Lake.

The other Florida sites are as follows:…

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