Ansin Family Adds To Miramar Acreage With Purchase Of Land From Walmart

Mar 12, 2018 1 Comment by

The family of billionaire Edmund Ansin bought 28.7 acres in Miramar from retailer Walmart for $14 million.

Walmart sold the vacant land at the northeast corner of Flamingo Road and Miramar Parkway to the Ansin Family Trust, headed by Andrew Ansin, the son of Edmund Ansin who operates the Miramar Park of Commerce, a business park with five million square feet of industrial space.

The deed to the 28.7-acre site includes a restriction that prevents the Ansin family from leasing the land to a retail chain similar to Walmart or Sam’s Club or to an online retailer that would build a fulfillment center on the site.

The Ansins, who own WSVN’s parent company Sunbeam Television, have no immediate plans for the property, a representative of the family told the South Florida Business Journal.

Walmart, which bought the property in 2005 for $10.22 million, had planned to build 253,000 square feet of commercial space there with a partner called Master Development, but the project never advanced to the construction phase.

 

Source:  The Real Deal

 

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Broward County Industrial / Flex, Industrial / Flex, Industry News, NA

One Response to “Ansin Family Adds To Miramar Acreage With Purchase Of Land From Walmart”

  1. Rhona Lewis says:

    I would like to purchase two acres of this land at the North East corner of Flamingo Road and Miramar Parkway, in the area code 33025. Could you let the know the price per acre?

    Thank you.

    Rhona Lewis.

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