BY MAUREEN N. MARATITA
Monster Auto Corp., which does business as Guam Auto Spot has purchased the former Northwest Plaza complex on Marine Corps Drive.
Derrick Muna Quinata, president and CEO of Monster Auto; told the Journal on July 28 — the day the purchase was completed — that his dealership will move to the property from its current location in Hagatna. Monster Auto offers Buick, GMC and Mitsubishi vehicles.
Quinata — who said he has been planning a dealership expansion, told the Journal that the property has “75,000 square feet of retail space,” some of which will be offered for commercial use for offices and retail shops.
The property was purchased from the Estate of Gregorio Perez. Quinata declined to share the exact price, but did tell the paper it was for a “seven figure” amount.
Monster Auto Corp. was founded in 2008 and employs about 85 staff.
The company reported gross revenues of $59.4 million in the Deloitte & Touche LLP ASC Trust list of the Top Companies in Micronesia in the November-December 2021 issue of Guam Business Magazine.
Quinata is also president of Pacific Automotive Group, which was founded in 2016, and does business in Guam as Sixt Rent A Car; and president of Micronesia International Transportation Services which was founded in 2018 and does business in the Mariana Islands as the MV Mariana.
Quinata thanked the financial organizations that have supported him, his management and said on July 28 he was especially grateful to “my aunt and business partner Annmarie Muna, who has been a tremendous mentor.” Muna is president and general manager of AM Insurance. mbj