LWG and Monteverde Group Announce Real Estate Acquisition of Two Big O Tires Corpus Christi Locations
Announcement for Release on: January 28th, 2022 GREENWOOD VILLAGE, CO – Leeds West Groups (LWG), alongside The Monteverde Group in their joint venture (JV) partnership, is proud to announce that they have purchased the real estate for two Big O Tires locations at 2424 S Padre Island Dr, Corpus Christi, TX 78415 and 15106 Northwest Blvd, Corpus Christi, TX 78410. LWG and The Monteverde Group officially acquired the real estate of these locations effective January 28th, 2022. The group took over operations of these locations from TBC and National Tire and Battery on July 25th of 2019.
These capital investments into LWG Real Estate Division mark the 47th and 48th transactions of their type within the last twenty-four months. These properties were purchased from Dolce & Dolce Investments. The purchase price and deal terms are not being disclosed at this time.
About Leeds West Groups
Leeds West Groups (LWG) was founded in 2009 by CEO Judd Shader and is headquartered in Greenwood Village, CO. LWG is capitalized by Family Office funds that acquires, owns, and manages national automotive repair franchise brands (Midas, Big O Tires, and SpeeDee Oil) across the continental United States including a national real estate portfolio and outside high growth investment opportunities. LWG Board of Directors is chaired by career finance and wall street executive Joshua Weinreich and currently employs 1000+ team members with 115 automotive retail locations, operating in 18 states across the continental United States.
For more information, visit www.LeedsWestGroups.com or contact LWG Senior Marketing Manager: Hanna Jerde at Hanna.Jerde@LeedsWest.com