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Jax Daily Record Wednesday, Feb. 28, 201805:11 AM EST

Colorado firm paid $11 million for Ramona Flea Market

United Flea Markets bought the 107-acre site that has 700 vendors.

The $11.25 million sale of the Ramona Flea Market was recorded Monday with the Duval County Clerk of Courts.

Waller Properties LLC sold 107.6 acres to United Flea Markets LLC, through RMFM RE LLC, on Feb. 20.

CenterState Bank of Boca Raton issued a $6.75 million mortgage the same day.

United Flea Markets of Henderson, Colorado, announced Feb. 21 it bought the market at 7059 Ramona Blvd. but did not disclose a purchase price.

Founded in 1971, the market sits on 107 acres and has more than 700 vendors.

“The Ramona Flea Market is a long-standing and thriving business noted for its impressive vendor and buyer relationships,” said Rob Sieban, president, CEO and co-owner of United Flea Markets.

He said his group would build on the market’s success and position it “for the next 40-plus years of growth.”

Seller Ralph Waller said in the release the buyer was a great fit for the market.

In Florida, United Flea Markets also owns the Flamingo Island Flea Markets in Bonita Springs and the T&W Flea Market in Pensacola.

The company also owns the Mile High Flea Market in Denver, the Awesome Flea Market in Shepherdsville, Kentucky, and the J&J Flea Market in Athens, Georgia.

The Ramona Flea Market continues to operate 8 a.m. to 5 p.m. Saturday and Sunday.

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