The Kolter Group Co. is under contract to buy the prized Briger tract in Palm Beach Gardens, according to a Palm Beach County official and several real estate sources.
The deal, although not yet complete, is a big step forward in developing a prime tract set aside for a biotech research hub, an idea that first attracted the Scripps Research Institute to Florida.
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Alexandra Clough writes about the economy, real estate and the law. Contact her at email@example.com.