Bingo Wholesale Supermarket, the well-known New York-based chain, is preparing to enter the South Florida market following its acquisition of a large industrial property in Dania Beach, according to a report by food industry analyst Elan Kornblum.

The newly acquired site sits at 5650 Anglers Ave., close to Stirling Road and Interstate 95, within the Hollywood–Dania Beach corridor.

The facility had previously been used by a private Budweiser distributor and is slated for extensive upgrades as part of the company’s plans, the report noted.

The approximately eight-acre parcel in South Broward County was purchased in February for $16 million through Sunwise Holdings LLC, a Florida-based entity connected to David Weiss, a partner in Bingo Wholesale. The property features roughly 76,210 square feet of industrial space on a 344,526-square-foot lot.

Industry watchers believe the move may point to a larger expansion effort by Bingo in Florida, with the possibility that the site will serve as a central distribution hub to support future growth in Jewish population centers throughout the state, including Tampa, West Palm Beach, Boca Raton, and the developing community in Okeechobee.

{Matzav.com}