LWG Announces Real Estate Acquisition of Big O Tires Colorado Springs
Announcement for Release on: August 31st, 2021 GREENWOOD VILLAGE, CO – Leeds West Groups (LWG) is proud to announce that they have purchased the real estate for Big O Tires at 5820 Omaha Blvd, Colorado Springs, CO 80915. LWG has officially acquired the real estate of this location effective August 30th, 2021. LWG acquired the business at this location earlier in the year on August 1st, 2021.
This capital investment into LWG Real Estate Division marks the 40th transaction of its type within the last twenty-four months. This property was purchased from the prior Big O Tires franchise operator Mike Underwood and B&M 5820, LLC, Inc. 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 114 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