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Thursday, 05 September 2019 18:14

HGreg.com Acquires Property in FL

HGreg.com, the dealership group that has set out to redefine the car buying experience, has found a new home in West Palm Beach, FL.

Construction has already begun on the site that holds an investment of over $50 million, with a commitment of $4.5 million on renovations, equipment and over $35 million in inventory.

 

Located at 551 S. Military Trail, the 51,326 square feet site contains a showroom and office space as well as a three-story parking and services building totaling 221,406 square feet.

 

The location will feature the company’s first dealership in the City of West Palm Beach, second in Palm Beach County and seventh in the state.

 

“We’re committed to Florida,” says John Hairabedian, president of HGreg.com. “In 2010, we chose to put down roots in the state and we couldn’t be more pleased with our choice.”

 

When the location opens at the end of 2019, the new owners expect it will hold 1,200 vehicles and a staff of 300.

 

For more information, please visit HGreg.com and HGregLux.com.

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