McCarthy agreed to sell the six-acre site where the franchise sits on Penn Ave. and I-494 to Minnetonka, MN-based Opus Corp., which is developing a corporate headquarters campus in the area for Best Buy, the consumer electronics retailer. McCarthy said he is looking to buy another dealership in town for his 100 employees at the Oldsmobile dealership. If he doesn't find another franchise, the employees will be offered jobs at either Key Cadillac or one of McCarthy's other car franchises in the Twin Cities.
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
