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Wheel & deal: A suburban Atlanta car dealer has spent more than $110 million to buy three local dealerships. According to industry publication Auto Dealer Today, the Krause Auto Group has bought Sutherlin Nissan of Cape Coral, Sutherlin Nissan of Fort Myers and Sutherlin Genesis, also in Fort Myers. The dealer group told the publication it is renovating the Fort Myers Nissan store and will expand its service department. As for the Genesis store, it will move to a new location about a mile south of its current home at 13921 S. Tamiami Trail. Also changing will be the names of all three dealerships. They’ve been rebranded as Nissan of Cape Coral, Nissan of Fort Myers and Fort Myers Genesis. With the purchase, Krause now has 23 dealerships, including four in Florida. The other is Hyundai of Venice in south Sarasota County.
That was quick: The site of a Mister Car Wash in Naples has sold less than a year after it last changed hands. The property at 7405 Rattlesnake Hamm Road was bought by local investors using an LLC. The investors paid $4.02 million. The previous owner, an LLC belonging to the Orion Real Estate Group in Miami, paid $2.97 million in April. The national car wash chain has one other location in Naples — 894 Airport Pulling Road — and 11 more in Southwest Florida. In all, it has 32 locations along the Gulf Coast.
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