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Taylor purchases former Dana credit campus, 2 other properties

Posted By: Toledo Blade on June 8, 2023.  For more information, please click here to read the source article.

Taylor Automotive Family on Thursday announced the purchase of three properties in the Toledo area, including the former world headquarters of Dana Commercial Credit and ProMedica at 1801 Richards Rd. in Toledo.

The Richards Road campus totals more than nine acres and includes a 55,000-square-foot building and a stone bridge, which is a replica of a bridge at the Augusta National Golf Club, home of the Masters.

Taylor also purchased a 44,000-square-foot office building at 5855 Monroe St. in Sylvania and 61.7 acres of prime development land in Arrowhead Park in the Maumee area.

The sale price for the Richards Road property was listed at $3.75 million, and the Monroe Street property at $2.95 million. A price for the Arrowhead Park site was not immediately available.

“Although there are no specific current plans for these excellent properties, a thorough analysis will be conducted on how best to utilize these properties in a way that will help to further grow our tremendous greater Toledo community and enhance the lives of its wonderful people,” Taylor Automotive Family said in a statement.

The three sites join 14 other properties already owned by Taylor in Toledo, Sylvania, Perrysburg, Findlay, and Lima. The purchases are headed by Stephen D. Taylor, whose auto dealerships in the Toledo area date back nearly 44 years.

The Taylor dealerships are in Sylvania Township, Perrysburg, Findlay, and Lima, Ohio. Brands include Cadillac, Kia, Hyundai, and Genesis.

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