Park Place Plans Expansion On Newly Acquired Land In Texas [Yahoo! Finance]
Asbury Automotive Group Inc (ABG)
Last asbury automotive group inc earnings: 2/3 07:00 am
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US:NYSE Investor Relations:
asburyauto.com/company/investor-relations
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Source: Yahoo! Finance
DALLAS, December 10, 2024 BUSINESS WIRE )--Park Place Dealerships, a part of Asbury Automotive Group, Inc. (NYSE: ABG), successfully completed the purchase of 15 acres of land in Dallas, Texas, from Raytheon on December 4, 2024. Known for its best-in-class client service, Park Place is expected to develop a state-of-the-art Porsche dealership on the newly purchased property, providing its clients with the luxury experience synonymous with Park Place and Porsche. Demolition is expected to begin early 2025, with construction scheduled to conclude Q2 2027. In addition to the state-of-the-art Porsche dealership, this land purchase paves the way for Park Place to build a state-of-the-art Volvo service center beside the current Park Place Volvo dealership at the corner of Lemmon Avenue and Inwood Road. This update is expected to bring cutting-edge technology and a seamless experience to Volvo clients, offering a combined showroom and service experience conveniently on one property. "
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ABG
Earnings
- 10/29/24 - Miss
ABG
Sec Filings
- 12/2/24 - Form 4
- 11/27/24 - Form 144
- 11/19/24 - Form 8-K
- ABG's page on the SEC website