Final Chapter in Reed Brothers Dodge History
When Lewis Reed opened his car dealership in 1915, he never knew he was starting a family tradition that would be carried out for 97 years and three generations.
After almost a century of serving Rockville – and two and a half years after Chrysler terminated the Reed Brothers Dodge franchise – the dealership property went to settlement on August 30, 2012. The dealership site was sold to a developer whose future plans include constructing a $90M project to include a 6-story residential building with 417 multi-family units and a 517 space parking structure.
Lewis Reed’s legacy, however, lives on in the business ventures that his family grew and continues to grow. In Lewis Reed’s spirit of entrepreneurship, the family has formed RBI Properties, LLC, the private holding company of Reed Brothers, Inc – and the legacy continues.