Dealership Property Sells for $10.7 Million

Bob Howard dba Rehco Alpha LLC has purchased the 4.7-acre home of South Pointe Chrysler Jeep Dodge. The property, which contains a two-story 22,318-SF office and showroom, sold for $10.7 million.
Houston-based Group 1 Automotive dba Group 1 Realty Inc. is listed by courthouse records as the seller of the property, which was built in 2007. The property will remain the home of South Pointe Chrysler Jeep Dodge, which is under long-term lease, and is expected to undergo no upgrades or physical changes.

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