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Asbury Automotive pays $735M for DFW car dealerships

DALLAS-FORT WORTH – Atlanta-based Asbury Automotive Group has purchased eight Park Place Dealerships in Dallas, Fort Worth, and Arlington for $735 million.

Park Place will retain control of certain Mercedes-Benz, Rolls-Royce, Porsche, Maserati, and Aston Martin stores.

Texas logoThe Real Estate Center has more on DFW’s retail market:

Source: Connect Media

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