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Tag: Dealerships

More mileage: Krause Auto buys two Palm Beach County dealerships for M
Business

More mileage: Krause Auto buys two Palm Beach County dealerships for $31M

March 7, 2025March 7, 2025

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. 

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Car dealer sells Palm Beach house for M, as season heats up
Business

Car dealer sells Palm Beach house for $19M, as season heats up

March 6, 2025March 6, 2025

A Connecticut car dealer sold his non-waterfront Palm Beach home for $19 million, marking the latest early season luxury sale to close.  Records show Jeffrey

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Pompano Beach Porsche dealership scores M construction loan for new showroom and offices
Business

Pompano Beach Porsche dealership scores $52M construction loan for new showroom and offices

February 24, 2025February 24, 2025

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

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Auto dealers Ali and Faisal Ahmed jump into South Florida’s industrial market, buying Miami Lakes warehouse for M
Business

Auto dealers Ali and Faisal Ahmed jump into South Florida’s industrial market, buying Miami Lakes warehouse for $38M

October 28, 2024October 28, 2024

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

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Sienna Motors expands in Pompano Beach, buys shuttered dealership for M
Business

Sienna Motors expands in Pompano Beach, buys shuttered dealership for $22M

September 24, 2024September 24, 2024

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. 

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Gus Machado’s family sells late car dealer’s longtime Hialeah dealership for M
Business

Gus Machado’s family sells late car dealer’s longtime Hialeah dealership for $19M

September 9, 2024September 9, 2024

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

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CarMax Pays M For Jupiter Web site
Business

CarMax Pays $16M For Jupiter Web site

March 11, 2024March 12, 2024

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

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Craig Zinn Auto Pays M For Kendall Dev Site
Business

Craig Zinn Auto Pays $24M For Kendall Dev Site

January 24, 2024January 24, 2024

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

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