Auction Direct

Sector:

Sample Success Stories

Property Description

APG provided acquisition and leasing services to obtain the perfect site for Auction Direct to operate their mega used car sales operation in one of the fastest growing markets in the country. Anthony Property Group used the proceeds of a land sale to acquire the former Hertz Car Sales facility and Wachovia Bank provided the financing for renovations. Through extensive site search, both land and building, APG was able to finalize the negotiation of a fifteen-year lease. The location is best-in-market and the store remains the top performing store in the Auction Direct chain.