Publicly-listed Asbury Automotive Group Inc. has acquired the Terry Lee Honda Dealership in Avon, IN and changed the name to Hare Honda.
In 2014, Terry Lee started Terry Lee Crossing, a 72-acre commercial real estate development on Highway 37, just ten minutes north of Indianapolis in Noblesville. In 2015, he built new dealerships for the Genesis and Hyundai franchises with room for five more manufacturers or other commercial properties. This will now be his primary focus.
The Presidio Group advised Terry Lee in the transaction and provided this information.