X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SCOTTSDALE, AZ-The Ft. Lauderdale, FL-based Auto Nation Inc. has paid $2.3 million for a former Infiniti dealership in Scottsdale. The strategy is to consolidate the location with adjacent dealerships to form the nation’s largest freestanding Subaru dealership.

The 2.6-acre buy is located at 6420 E. McDowell Road and includes a 26,844-sf building, which is located in the Scottsdale Auto Mall at the northeast corner of 64th Street and McDowell Road. Auto Nation plans to move from its current location at 6480 E. McDowell Rd., where it shares space with Isuzu and Hyundai franchises, also Auto Nation owned.

Auto Nation bought a series of Valley auto dealerships a few years ago when it was in the midst of launching the dealership chain. Auto Nation is said to be selling its former location in the Tempe Autoplex along Interstate 10 in Tempe. Broker Greg White of the Phoenix office of CB Richard Ellis negotiated the sale for buyer and seller, Nissan North America Inc. of Gardena, CA.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.