The City of Monroe has granted a 7 year (100%) Community Reinvestment Area (CRA) real property tax abatement to Dealer Specialties for a proposed relocation project to Monroe. Dealer Specialties is a company that provides hi-tech computer support and software services to the Trader Publishing Co. (Auto Trader magazines) and car dealerships throughout the country.
Dealer Specialties is proposing to construct a 20,166 sq. ft. office building in the City of Monroe and move their existing 35 full-time employees from their current Middletown location. The company has also agreed to create 40 new full-time jobs as a result of the expansion. The projected annual payroll when fully staffed would be approximately $3,680,000. The total real and personal property project investment in the community is $1,900,000.
Dealer Specialties’ hi-tech white-collar positions are among the most sought after types of jobs by a community. Monroe is excited about the growth and expansion possibilities for the company and we look forward to welcoming them to the Monroe Business community.
For additional information regarding this project, please contact:
Jay T. Stewart
Development Director
City of Monroe
(513) 539-7374