HGreg.com Acquires Massive South Florida Nissan Dealership
Canadian auto group HGreg.com has added an eighth Florida dealership to its roster, acquiring the former AutoNation Nissan Kendall, one of America’s biggest Nissan stores.
HGreg.com has acquired the dealership formerly known as AutoNation Nissan Kendall (Fla.).
Photo courtesy HGreg.com
KENDALL, Fla. — HGreg.com announced the purchase of the largest Nissan dealership in the Eastern U.S. from AutoNation. Now known as HGreg Nissan Kendall, the dealership is located on South Dixie Highway in Palmetto Bay, about 15 miles south of Miami.
“Since opening our first location in South Florida in 2010, we’ve been building something very special in the region,” said John Hairabedian, president of HGreg.com. “We’ve set out to redefine the industry through a new customer experience that is built around convenience and choice, and it’s resonating with consumers.”
The dealership is HGreg.com’s second Nissan franchise and eighth dealership in Florida; six are used car stores, including a highline lot in Pompano. In Canada, under the HGregoire.com banner, the company oversees a network of 11 pre-owned and 10 franchised dealerships.
“We look forward to bringing to life our slogan of ‘Car buying, redefined’ to the Kendall area.”
The value of the transaction is estimated at $75 million, including property, upgrades, and facility improvements, and inventory. The dealership features a 71,500 square-foot building and 14.25-acre property. Executives said the location enjoys a direct pipeline to the large selection of pre-owned vehicles available through the growing HGreg.com network in South and Central Florida.
“We look forward to bringing to life our slogan of ‘Car buying, redefined’ to the Kendall area,” says Hairabedian. “We’ve built our business model to accommodate the customer journey, which also includes our website, 100,000 square-foot regional warehouse and concierge-like service for the millions of people who visit South Florida throughout the year. We invite anyone who doesn’t yet know us to pay us a visit to learn more.”
Originally posted on Auto Dealer Today
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