Newspaper article Sarasota Herald Tribune

Big Tenant Will Stay | del Monte Fresh Produce Lease Extended Up to 20 Years | del Monte Fresh Produce Lease Extended Up to 20 Years

Newspaper article Sarasota Herald Tribune

Big Tenant Will Stay | del Monte Fresh Produce Lease Extended Up to 20 Years | del Monte Fresh Produce Lease Extended Up to 20 Years

Article excerpt

PORT MANATEE

PALMETTO -- Del Monte fruit will continue coming into Port Manatee for up to 20 more years.

Del Monte Fresh Produce NA Inc., which has imported fruit through the port since 1989, has signed a lease extension through Aug. 30, 2021, with options for three additional five-year extensions. If all options are exercised, Del Monte will be doing business at Port Manatee until at least 2036.

The lease agreement will continue to pay the port $108,000 a year, a port spokeswoman said.

"Extension of Port Manatee's long-term partnership with Del Monte demonstrates the mutual commitment on the part of our port and a most-valued tenant," said Betsy Benac, chairwoman of the Manatee County Port Authority, which OK'd the lease extension Thursday.

"We are very pleased to continue our relationship with Port Manatee," said Brian Giuliani, Del Monte's Port Manatee-based port manager. …

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