MERCEDES-BENZ OF THE WOODLANDS PURCHASES SITE FOR DEALERSHIP

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THE WOODLANDS, TEXAS — The Woodlands Development Co., a subsidiary of The Howard Hughes Corp., has announced the sale of an 8.9-acre tract to Mercedes-Benz of The Woodlands for construction of a car dealership. The land is on the east side of the I-45 frontage road just north of State Highway 242. Construction of the 60,000-square-foot dealership is under way, with the opening planned for February of 2015.

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