middleboro case 4 MGT 705 consulting services Inc From: Walter Graham Executive manager of medical associates a local realtor has approached us about the exercise of our land option, even though it doesn't expire until 2 0 2 6 . He has indicated the prevailing rate is $ 2 , 8 0 0 per acre. He believes the parcl could be immediately subdivided and the 2 5 acres near the new highway could sell at $ 2 0 , 0 0 0 0 per acre. In light of this, his organization is prepared to buy the entire parcel from us for $ 1 . 5 M