New/ old Chevy dealership?
By BRIAN LAWSON
Times Business Writer
[email protected]
RLJ-McLarty makes $6 million offer for property
A multimillion-dollar bid has been submitted for the shuttered Bill Heard Chevrolet dealership in Huntsville, by the RLJ-McLarty-Landers Automotive Group, which is based in Little Rock, Ark., according to bankruptcy court records.
The group and the Little Rock-based real estate company MMSL Realty LLC are seeking to buy the dealership and the University Drive property from Heard, which declared bankruptcy in September and shut down all 13 of its U.S. dealerships.
The group is headed by
billionaire Robert Johnson and Mack McLarty, former chief of staff for former President Bill Clinton. A company spokesman said last week the company was considering the property, but he had no announcements to make. A call seeking comment Wednesday was not returned.
The automotive group bought Madison Square Chrysler Jeep and Subaru and Huntsville Dodge, also on University Drive, last year and both dealerships are now operating under the Landers McLarty name. The company also owns a Toyota dealership in Fayetteville, Tenn.