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DALLAS (September 27, 2007) – Dallas-based Park Place Dealerships announced it has purchased Lexus of Mission Viejo in California from Bayshore Motor Group II LLC for an undisclosed price. The dealership has been renamed Park Place Lexus Mission Viejo and is the first dealership outside Texas for Park Place Dealerships. The Lexus dealership in Orange County opened in 1995 and currently employs more than 120 people. “Lexus Mission Viejo is an exciting opportunity for Park Place and we are delighted to be doing business in California,” stated Ken Schnitzer, Chairman of Park Place Dealerships. “We know the market is strong in Orange County and there is a great demand for the Lexus product. Park Place has a long, successful history with Lexus and there is a bright future for us in Mission Viejo.”
Park Place Lexus Mission Viejo is a leading provider of luxury automobiles, parts, accessories, and service in the Southern California region including: San Clemente, Laguna Niguel, Laguna Beach, Rancho Santa Margarita, Lake Forest, Aliso Viejo, Santa Ana, Huntington Beach, Irvine, Garden Grove, Anaheim, Costa Mesa, Ladera Ranch, & Dana Point.
Park Place Lexus currently has two dealerships that rank among the country’s top 20 Lexus dealers. In 2005, Park Place Lexus was named the recipient for the Malcolm Baldrige National Quality Award, the highest level of national recognition for business excellence. Park Place Lexus is the only automobile dealer to ever win this prestigious Presidential award.
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