Wednesday, November 19, 2008
Glendale Maserati dealership closes
The Business Journal of Milwaukee
Lake Forest Sportscars of Lake Bluff, Ill., said Wednesday that it has closed its Glendale dealership, Maserati of Milwaukee, after just a few months of operation.
The Glendale dealership, at 5858 N. Green Bay Ave., opened in mid-summer of 2008, as a factory authorized Maserati dealership selling and servicing new Maseratis and pre-owned luxury sports cars. It was the first and only Maserati dealership in Wisconsin.
In a statement, Lake Forest Sportscars said: "the unstable financial environment, along with an inordinate amount of interest in the property itself, made the decision to pursue the sale of the facility economically more interesting."
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