Costco Wholesale Corp. has closed on a site in Coral Springs after receiving city approval in December to build a store there.
WCP Kensington LLC, managed by Bruce R. Cohen of Chicago-based Wrightwood Capital properties, sold the property near the northeast corner of Wiles Road and Coral Ridge Drive to Costco (Nasdaq: COST) for $6.1 million. The 17.24-acre site is just south of the Sawgrass Expressway.
It was seized in foreclosure in 2009.
