Mercedes-Benz dealerships owned by Bill Ussery gets sold for 0 million

According to four deeds, Bill Ussery Motors sold its Mercedes-Benz of Cutler Bay and Mercedes-Benz of Coral Gables dealerships for a total of $150 ...

August 17, 2023
5:16 AM

According to four deeds, Bill Ussery Motors sold its Mercedes-Benz of Cutler Bay and Mercedes-Benz of Coral Gables dealerships for a total of $150 million. The price of the actual estate is reflected in the transaction value listed on the deeds. A source knowledgeable about the bidding claimed that the final cost exceeded $650 million. Affiliates of the Dream Motor Group, whose CEO is Joseph A. Agresti of Spring, Texas, were the buyers. The largest transaction, Bill Ussery Motors, involved the $55 million sale of the 143,716-square-foot dealership building at 310 Sevilla Ave.

Jaelyn Campbell