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Store is acquiring group’s 28th rooftop in central part of the state.
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Trio of dealerships shift from one area family group to another.
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Sale is last of auto group that operated Memphis-area stores for decades.
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Penske has absorbed stores representing nearly $2B in revenue this year.
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Sellers flock to market to take advantage of still-high valuations, Kerrigan Blue Sky Report says.
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San Antonio, Houston dealerships bought by different auto groups.
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Northwest Chrysler Dodge Ram Jeep underscores demand for dealerships in high-growth, densely populated markets, says broker Kerrigan Advisors.
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