(Photo by Sergey Tryapitsyn)
A major Broward County landowner divested more than 35 acres in a deal worth nearly $11.7 million.
The family of Miles Austin Forman, owner of cemeteries and rock mining operations, made the deal with a company linked to Charles Gusmano, CEO of Southern Waste Systems LLC.
The industrial parcel includes a 4,000-square-foot warehouse built in 1990 at 4715 Oakes Road in Davie between Florida’s Turnpike and State Road 7, according to public records.
It is the latest land deal for the Formans, a pioneering family credited by the Fort Lauderdale Historical Society with helping tame the area’s swampland. The group arrived in South Florida in the early 1900s, a period marked by Prohibition, World War I and the Titanic disaster. It carved out a living in a harsh early-20th century rural landscape and eventually acquired vast real estate holdings across the state, making acquisitions for as little as 2 cents per acre.
Forman has had a stake in the Broward Convention Center, Lauderdale Market Place, University Commons, trailer park owner Ferncrest Utilities and dozens of other holdings, including apartments, mobile home parks, flex-space industrial projects and office space.
A deed recorded Friday said the Formans sold the Davie acreage for more than $11.67 million to Oakes Road LLC, linked to Southern Waste Systems LLC, a Davie-based company whose business units include Southern Waste Systems, Sun Recycling, Sun Disposal and All Star Toilets.
Formerly based in Lantana, Southern Waste relocated to Davie in 2012 and does business in Miami-Dade, Broward, Palm Beach, Martin, St. Lucie and Indian River counties. Its Sun Recycling arm operates the state’s largest independent recycling plants for yard waste, construction debris and demolition rubble from centers in Dania Beach, Deerfield Beach, Lantana, Miami, Pompano Beach and West Palm Beach, according to marketing material.
Company officials did not return calls for comment by deadline to discuss plans for the new Davie site.