New buyer signs LOI for key resort

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November 09, 2010

By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

There is "great interest" from a variety of potential buyers in Walker's Cay, Abaco, after its New York-based vendor put the 69-acre island back on the market after a potential deal with a Turks and Caicos-based company fell apart.

Diane Jenkins, of Jenkins Realty, the US-based realtor marketing the property, said a Letter of Intent to purchase the island - formally a popular fishing, diving and boating destination among US sports fishermen and yachtsmen until it was severely damaged during hurricanes Jeanne and Francis in 2004 - has been signed by one of the interested parties with the sellers.

"Things are moving fo ...

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News date : 11/09/2010    Category : Tribune Stories

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