The Real Deal Miami

Mercedes-Benz dealer buys office building in Coral Gables

The three-story building is across the street to Bob Brockway’s Mercedes-Benz of Coral Gables
By Amanda Rabines | October 11, 2018 04:30PM

300 Sevilla Avenue and Bob Brockway

A company tied to Robert “Bob” Brockway, chairman and CEO of Bill Ussery Motors, just paid $11 million for an office building across the street from the firm’s Mercedes-Benz of Coral Gables dealership.

Property records show Brockway Limited Partnership bought the 36,600-square-foot, three-story office building at 300 Sevilla Avenue from OOOM LLC, led by architect F. Michael Steffens and Marjorie Goldman.

Records show Brockway financed the deal with a $10.7 million loan from Mercedes-Benz Financial Services USA. Brockway also owns a dealership in Cutler Bay at 10701 Southwest 211 Street.

Brockway isn’t the only auto dealer making real estate moves in Miami-Dade County. Chevy dealer Arnaldo Bomnin is set to close on a former Toys “R” Us building on U.S. 1 near Dadeland Mall, with plans to open another dealership.

Auto titan Edward “Teddy” Morse III is also reportedly looking to expand his company.