HGreg acquires Florida Nissan dealership for $75 million

Photo courtesy of Business Wire

Florida automotive dealership group HGreg recently expanded its portfolio of Nissan dealerships in the Sunshine State to two by acquiring Nissan Kendall in Palmetto Bay.

The $75 million transaction includes a 71,500-square-foot building and a 14.25-acre property, facility improvements and inventory, and will allow for HGreg Nissan Kendall to create more job opportunities over the next few months. HGreg Nissan Kendall offers the latest and most technologically advanced new and pre-owned vehicles.

“We look forward to bringing to life our slogan of ‘Car buying, redefined’ to the Kendall area,” HGreg President John Hairabedian said in a press release. “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. We’re open for business and ready to serve, from the trade-in phase to post-purchase servicing.”

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Organizations in this story

HGreg Autos 8505 NW 12th St Doral, FL 33126-1800