Coney

Car company picks up Coney Island industrial site for $54M

“Dealers frequently use the capital received from transactions for acquisitions, expansion operations and to fund new lines of business,” says the website of the buyer, Capital Automotive Real Estate Services, in explaining its business strategy. “Dealers also achieve the flexibility to pursue other personal goals, such as estate planning, liquidity or diversification,” it says. The …

Car company picks up Coney Island industrial site for $54M Read More »

Coney Island industrial site gets picked up by car company

“Dealers frequently use the capital received from transactions for acquisitions, expansion operations and to fund new lines of business,” says the website of the buyer, Capital Automotive Real Estate Services, in explaining its business strategy. “Dealers also achieve the flexibility to pursue other personal goals, such as estate planning, liquidity or diversification,” it says. The …

Coney Island industrial site gets picked up by car company Read More »