I often report on Florida real estate transactions by businesses that have implications for the lives of Floridians. Often, these transactions mean new amenities like stores and restaurants. One example is permits filed by Aldi for the renovation of a St. Petersburg Winn Dixie. However, today, I am writing about the purchase of a Wells Fargo bank building by the “world’s largest home improvement retailer – Home Depot – and the speculation of the same by a real estate specialist.
About The “World’s Largest Home Improvement Retailer” – Home Depot: Home Depot refers to itself as “the world’s largest home improvement retailer” on its website. It’s not a very old chain, having been founded in 1978. But it is large – with 2,300 stores across North America.
There are approximately 161 Home Depot stores in Florida.
The Wells Fargo Building Purchase By Home Depot: A special warranty deed suggests that Home Depot Inc. purchased a 2.31-acre former Wells Fargo bank at 3131 W. Hallandale Beach Boulevard in Pembroke Park in mid-December of 2024 for $4.85 million.