Florida Power and Light has purchased a 75-acre parcel of land in Palm Beach Gardens for $24 million, according to a deed filed yesterday in Palm Beach County Circuit Court. The closed transaction, which the Palm Beach Post reported, involved seller BR West, a limited liability company operated by Seacoast National Bank in Stuart, which lists Kevin Picart as its managing member. Picart is Seacoast’s senior vice president. According to the deed, the property is located east of I-95 and north of PGA Boulevard, just west of the right-of-way line of the Florida East Coast Railroad. That site, the Post said, is near the Gardens Mall. — Alexander Britell
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