Hot on the heels of announcing plans to relocate its headquarters to the newly developed Town Centre Two, Houston-based automotive dealer Group 1 Automotive, Inc. entered into an agreement with Doggett Industries to sell six dealerships and collision repair centers located in Beaumont, Texas.
As part of the transaction, Doggett Industries expanded its Automotive Group. In turn, the capital gained as part of the sale will allow Group 1 to focus on expanding its footprint across the United States while remaining strongly grounded in its future headquarters at Town Centre Two in Houston. Since its initial public offering in 1997, Group 1 has become a leading operator in the automotive retail industry. The company currently owns and operates nearly 200 automotive dealerships, over 260 franchises, and over 40 collision centers in the United States and the United Kingdom, including 70 locations in Texas alone.
“We are proud to have successfully represented Group 1 Automotive in this complex transaction,” said Houston partner April Vasquez Leibman, who led the transaction with assistance from associate Mahira Khan. “As Group 1 continues to grow, we look forward to partnering with them to help them achieve their goals in Texas.”
For more information about the deal, see the Houston Business Journal article “Doggett Industries buys Mike Smith Auto Complex in Beaumont.” Please note a subscription is required to view the full article.
Meet Our Team
 |
April Vasquez Leibman assists clients with complex commercial real estate transactions, including acquisitions and dispositions of real estate. April regularly represents landlords and tenants in the preparation and negotiation of office and retail leases in Texas and across the nation. She has represented both sellers and purchasers of commercial properties, as well as owners and developers with the drafting and negotiation of construction contracts for showcase headquarter office buildings, build-to-suit leases, automotive dealerships, government buildings, schools, and industrial and retail centers. |
 |
Mahira Khan focuses on commercial leasing, acquisitions and dispositions of office, retail and mixed-use projects. Mahira represents both landlords and tenants in negotiating commercial lease agreements for office, retail and ground leases. Her practice also includes representing buyers and sellers in acquisitions and dispositions of undeveloped property, office buildings, retail centers, mixed-use and multifamily use properties. |
Meet JW
Since 1887, Jackson Walker has represented some of the most influential companies and business leaders in the world. With more than 500 attorneys, we are the largest firm in Texas and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions ranging from millions to billions. To explore the Firm’s experience assisting clients with leasing, developing, buying, selling, and operating properties, visit the Real Estate practice page.
