Bomnin Automotive Buys Pinecrest Mitsubishi Dealership
Arnaldo Bomnin and 8525 South Dixie Highway (Google Maps)
A corporation affiliated with Bomnin Automotive Team compensated $7.3 million for a former Mitsubishi dealership in Pinecrest.
Bomnin purchased the two-story, 8,000 square-foot creating at 8525 South Dixie Highway, previously termed South Miami Mitsubishi, in accordance to information.
The creating was built in 1999 and is down the street from Bomnin Chevrolet Dadeland. The seller was James B. Burgin Jr., documents demonstrate.
Bomnin Automotive Group’s other dealerships in the Miami area include Bomnin Chevrolet West Kendall, Bomnin Cadillac Chevrolet Homestead, Bomnin Mitsubishi and Bomnin Volvo Cars and trucks Dadeland, as nicely as Bomnin Chevrolet Manassas in Virginia. The organization is led by Arnaldo Bomnin.
Motor vehicle dealerships have been a very hot commodity in South Florida in the earlier year. Previously this month, a boat and water sporting activities products and solutions retailer compensated $5.5 million for a former Fort Lauderdale auto dealership.
In October, a company tied to Miami-dependent Lehman Autoworld purchased a Honda dealership in Florida City for $16.8 million, and Pebb Enterprises marketed a 23,000-square-foot Tesla dealership in West Palm Beach front for $12.87 million.