March 28, 2019 [Exton, PA] – Rich Weitzman, of Colliers International, has recently represented AutoLenders with the acquisition of 305 W. Lincoln Highway in Exton, PA.
The 33,000 SF modern auto dealership facility sits on 7.3 acres at a highly trafficked and newly-signalized intersection in the growing Exton market of Chester County in Philadelphia’s Western Suburbs. The site was formerly Otto’s BMW and then MINI of Exton and will continue to operate as an automobile sales and service facility.
The move marks the first Pennsylvania store expansion for the firm. AutoLenders opened in 1990 and has grown into New Jersey’s #1 volume pre-owned car dealership chain with 6 locations and a 75,000 square foot reconditioning and certification center in Central and Southern New Jersey. Additional sites in the tri-state region are being sought for the firm’s expansion plan.
The Seller was represented by The Flynn Company.
For more information, contact: Rich.Weitzman@colliers.com | +1 215 928 7551
AutoLenders opened in 1990 and has grown into New Jersey’s #1 volume pre-owned car dealership chain with 6 locations in Central and Southern New Jersey. The firm uses their direct relationships with regional banks to cherry pick the best pre-owned, one-owner vehicles.
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