Monday, May 14, 2018

Hendrick Automotive extends reach in Georgia, invests $23M in new dealership

Charlotte-based Hendrick Automotive Group has opened its first Georgia location south of Atlanta in Newnan. The company spent about $10.75 million to buy about 17 acres of land from a related Henrick limited liability corporation, HAG RE CDT LLC, which acquired it for $10.2 million in 2016 from Fourth Quarter Properties 93 LLC, according to Coweta County property records. Fourth Quarter Properties 93 LLC is related to real estate development company Thomas Enterprises Inc. of Newnan.  The Honda…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/05/14/hendrick-automotive-extends-reach-in-georgia.html?ana=RSS&s=article_search

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