Reed Automotive Group acquires site for new Kansas City area dealership
JLL completes successful sale of four-acre site in Merriam, Kansas
Kansas City, October 20, 2020 – JLL announced today the firm has successfully completed the acquisition of a four-acre site in Merriam, Kansas on behalf of Kansas City-based car dealership, Reed Automotive Group.
JLL’s Patrick Meraz represented the automotive dealership group in the land acquisition.
“Our new Jeep Chrysler Dodge Ram dealership will be much more assessable to residents of the community and will be a welcome addition to providing more automobile brand selections to customers along dealership row,” said Randy Reed, Owner, Reed Automotive Group.
This new dual showroom design – Jeep and Chrysler, Dodge, Ram – is the first in the Kansas City market and one of the newest in the country.
Located along the westside of Interstate 35 at 7000 W. Frontage Road between 67th and 75th Streets, the site is expected to serve and complement the adjacent newly built Reed Jeep Chrysler Dodge Ram dealership, and add to the 2018 acquisition of Reed Hyundai and Reed Jeep Chrysler Dodge Ram dealerships.
“The new state-of-the-art Reed Jeep Chrysler Dodge Ram dealership of Kansas City will serve residents of Kansas City and the surrounding area,” says Meraz. “We are proud to play a role in increasing the accessibility of all the automobile buying experience Reed Jeep Chrysler Dodge Ram of Kansas City sells by helping to expand their footprint and direct-to-consumer expansion in Kansas City.”
Reed Automotive Group now owns approximately 12 acres along Interstate 35 frontage roads in Merriam. The newly acquired land may be the home of another brand to be announced in the future.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.