Krause Automotive Group is branching out to South Florida after acquiring a pair of Nissan dealerships in Palm Beach County for a combined $30.5 million.
Tag: Car Dealers
13th Floor, LeFrak and Related take over Shoma dev site in Miami
Shoma Group is abandoning plans to redevelop a shuttered car dealership, selling the 2.5-acre site for $35 million to a group that includes Richard LeFrak’s
Pompano Beach Porsche dealership scores $52M construction loan for new showroom and offices
Champion Porsche is fueling up construction of its new Pompano Beach home after nabbing a $52 million loan. Wells Fargo Bank provided the financing to
Dealership expanding? Craig Zinn Automotive pays $15M for Hollywood church site near its Toyota sales centers
Craig Zinn Automotive Group paid $14.5 million for a Hollywood church building that’s near its existing Toyota dealerships. The Hollywood-based auto dealer, led by CEO
Auto dealers Ali and Faisal Ahmed jump into South Florida’s industrial market, buying Miami Lakes warehouse for $38M
Auto dealers Ali and Faisal Ahmed are revved up for South Florida’s industrial market, dropping $38.2 million for a Miami Lakes warehouse. An entity managed
Sienna Motors expands in Pompano Beach, buys shuttered dealership for $22M
Sienna Motors is expanding in Pompano Beach, acquiring a shuttered dealership less than a block away from its existing auto sales site for $21.9 million.
Gus Machado’s family sells late car dealer’s longtime Hialeah dealership for $19M
Gus Machado Ford in Hialeah is no longer owned by the late car dealer’s family, which sold the auto retailer site for $19.3 million. A
CarMax Pays $16M For Jupiter Web site
CarMax picked up 24 acres of vacant industrial land in Jupiter for $16 million. An affiliate of CarMax, a Richmond, Virginia-dependent applied car seller led
Johnson Automotive Pays $25M For Edgewater Growth Web site
Automobile magnate Norman Braman is having some new level of competition in his neighborhood. Raleigh, North Carolina-centered Johnson Automotive Dealership Team paid $25 million for
Craig Zinn Auto Pays $24M For Kendall Dev Site
Craig Zinn Automotive Team paid $23.5 million for a improvement web site in Kendall. The Hollywood-based auto supplier obtained an 8.3-acre home at 15200 Southwest