Lone Star Title was excited and blessed to provide title services for the sale of the El Paso Suburu dealership at 1414 Airway. This acquisition was part of Group 1 Auto’s continued foray in to the El Paso Market and coincided with their acquisition of Audi of El Paso as well as the continued progress on their upcoming Northwest El Paso Porsche dealership. According to The El Paso Times, Pete DeLongchamps, a Group 1 executive in Houston said, ‘We’re very bullish on the El Paso market,’. ‘We think it’s a growing town, a growing market. ‘It’s a very consistent market,’ he said. Auto 1 operates 117 car dealerships in the United States, 42 in the United Kingdom, and 16 in Brazil. PHOTO: VIC KOLENC/EL PASO TIMES
Type: Auto Dealership
Market: East Central El Paso
Seller: Garcia Airway Holdings LLC
Buyer: Group 1 Realty
Closed: January 2018