TORONTO, Jan. 13 /CNW/ - 401 Dixie Auto Mall, the retail "auto campus"
located at 5500 Dixie Road in Mississauga, has been purchased by
Dilawri Group of Companies from ING Real Estate. A dynamic family-owned
company, Dilawri Group is comprised of an expanding real estate
division, investment holdings and 36 automobile dealerships across
"As long standing tenants of 401 Dixie Auto Mall and with over 20 years
of success in the retail automotive industry, we immediately recognized
our unique position to maximize the mall's potential for growth and
seized the opportunity to purchase," says Kap Dilawri, of Dilawri Group
The 30 acre site housing 243,841 square feet of property is comprised of
10 automobile dealerships, including: Ideal Honda, 401-Dixie Nissan,
401-Dixie Infiniti, Dixie Toyota, 401 Dixie Suzuki, 401 Dixie Hyundai,
401 Dixie Kia, and Dilawri Group's owned and operated Dixie Mitsubishi,
Ontario Mazda and their newly opened 401 Dixie Volkswagen; slated to
become one of Volkswagen's largest, premier "New Image" locations
within the GTA.
Conveniently located just off the 401 in Canada's 6th most populous city, the auto campus also houses a variety of restaurant
chains including Kelsey's, Montana's, Subway / New York Fries, A&W /
Country Style Bistro Deli and Teriyaki Experience, along with an
Enterprise Rent-A-Car and an industrial building.
Opened in 1988, 401 Dixie Auto Mall was originally designed to become
Mississauga's ultimate destination for retail automobile shopping, and
according to Dilawri, the group intends to fully realize the mall's
initial vision with aggressive renovation and expansion plans. "In
addition to our immediate plans to enhance the property with up-dated
signage and new energy efficient lighting, we are in the midst of
partnering with our tenants to revitalize the auto mall with a more
contemporary look and feel to make it the premier choice of consumers
in the market to purchase a vehicle."
Dilawri Group's 401 Dixie "enhancement plan" is scheduled to commence in
spring 2011 with an estimated renovation budget reaching $12 Million.
ABOUT THE DILAWRI GROUP
Dilawri Group of Companies includes a real estate division, investment
holdings and 36 automobile dealerships in British Columbia, Alberta,
Ontario and Saskatchewan. With over 1500 employees and a reputation for
excellence in selling and servicing fine automobiles, the company has
earned its place as one of the nation's most respected dealership
groups. For more than two decades, the Dilawri Family led by brothers
Ajay, Tony and Kap, has shown a deep commitment to supporting
communities across Canada, with donations totaling in the millions of
dollars. In 2002, the family established the Dilawri Foundation to
oversee the family's philanthropic activities.
SOURCE Dilawri Group of Companies
For further information:
Lisa Kavanagh, Public Relations Manager
The Dilawri Group of Companies