I hate to be cynical, but 30M a year just sounds crazy high. I checked in one of the most hottest real estate area in the country now (Collin County Texas) and I found prime Commercial real-estate SELLING for about 1-1.5M an acre. To me, it sounds like the numbers are a little far fetched. I don't doubt that an opportunity was missed, but 30M a year sounds crazy bazaar.
Does anyone know how many acres were involved?