The various buildings sold to Conant included this 51,776-square-foot Honda showroom at 645 Woodbury Drive in Port Charlotte.
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Published: Thursday, August 23, 2012 at 1:00 a.m.
Last Modified: Wednesday, August 22, 2012 at 8:19 p.m.
PORT CHARLOTTE - A California company has bought three car dealership buildings in Charlotte County for $7 million.
Conant Properties X LLLP, a Newport Beach, Calif., company, financed the purchase with a $5.6 million loan from Comerica Bank.
The seller was Charlotte HVW Limited Partnership, a Louisville, Ky.-based company managed by Tracy W. Farmer, records show.
Included in the deal were the 142,476-square foot Honda showroom at 1252 Tamiami Trail, a 51,776-square-foot Honda of Port Charlotte building at 645 Woodbury Drive and the 10,371-square-foot Volkwagen showroom at 665 Woodbury Drive, records show.
Another, much smaller dealership property in the region changed hands in May.
C Romano Properties LLC, a Bradenton company managed by John B. Cravens, sold a 2,000-square-foot, auto dealership office building at 8451 Tamiami Trail in southern Manatee County to Captain Brian's Seafood Market Inc. for $250,000 and provided the buyer with a $200,000 loan.
Captain Brian's, a Sarasota company managed by Brian Bochan, already owned an 8,800-square-foot seafood market and restaurant next door at 8421 Tamiami Trail that it bought for $750,000 in April 2003.
Source: http://www.heraldtribune.com/article/20120823/article/308239994
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