Gurley Leep buys, renames Gateway Honda

BUYER: NPR HON LLC (principals: Michael Leep Sr., Donald Reese and Clyde Wheeler), Mishawaka, Ind.
SELLER: Wood Motors South Inc.
PROPERTY: 8442 U.S. 19. Port Richey
PRICE: $8.9 million
LAW FIRM ON DEED: Johnson Pope Boker Ruppel & Burns LLP, Clearwater
PLANS, DESCRIPTION: The Gurley Leep Automotive Group of Mishawaka, Ind., purchased the Gateway Honda of Port Richey real estate on U.S. 19 between Bay Boulevard and Ridge Road for $8.9 million as part of Gurley Leep's acquisition of the dealership business.