Nation's Largest Auto Retailer Renews Commitment to Downtown Fort LauderdaleFORT LAUDERDALE, FL/PRNewswire-FirstCall/ -- AutoNation (NYSE: AN) and Stiles Corp. announce that AutoNation, the largest U.S. automotive retailer, has leased 105,000 square feet at 200 Las Olas Circle (top right photo) for its corporate headquarters, reflecting a continuing commitment to downtown Fort Lauderdale.
AutoNation will move to Stiles' new 17-story mixed-use downtown building in mid-2009, from the nearby 110 Tower.
Stiles' new building provides both practical and i
ntangible advantages from operating efficiencies and state-of-the-art systems, to superb finishes that reflect AutoNation's dedication to quality.
ntangible advantages from operating efficiencies and state-of-the-art systems, to superb finishes that reflect AutoNation's dedication to quality."AutoNation is proud to have been a Fort Lauderdale-based company from Day One," said Mike Jackson, (top left photo) Chairman and Chief Executive Officer for the auto retailing giant.
"This community has supported us with its outstanding talent, its business-friendly policies, its welcoming spirit, and that special combination of factors is a leading reason why we've been able to grow as quickly and as successfully as we have. This is home for us, and we're looking f
orward to calling it home for many years to come.
orward to calling it home for many years to come."Terry Stiles, (bottom right photo) chairman and CEO, Stiles Corp., pointed to the "multiplier effect" of AutoNation's long-term commitment, noting that the lease has a 12-year term. "With more than 300 employees based at its headquarters and with many suppliers throughout South Florida, AutoNation is an economic engine for downtown and the wider community."
AutoNation will lease five floors at 200 Las Olas Circle and join Bank of Florida along with other tenants in the building. A key element in AutoNation's leasing decision included Stiles' commitment to 
make this a green friendly building as Stiles will be obtaining a LEED EB Certification.
make this a green friendly building as Stiles will be obtaining a LEED EB Certification.Also the building's hurricane-resistant glass, covered parking, energy-efficient systems and state-of-the-art security were important contributing factors. Designed for tenant flexibility, the building has efficient floor plates of approximately 21,000 square feet.
CONTACT:
Marc Cannon, AutoNation, Inc., +1-954-769-3146, Cannonm@autonation.com
Web sites: http://corp.autonation.com/
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