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| Steve Hyatt |
FORT LAUDERDALE, FL (March 5, 2013) – Berger Commercial
Realty Senior Vice President Steve Hyatt recently represented Holman
Automotive, Inc. in the purchase of a 5.7-acre property in Fort Lauderdale for
$5.6 million from the Causeway Lumber Company.
Holman Automotive,
the ninth largest automotive dealership group in the United States by revenue
according to Ward's Dealer Business, plans to develop the site into a major new
service facility for BMW and MINI.
The
property, located at 2627 S. Andrews Ave., currently serves as a retail
showroom for Causeway Lumber Company, which will be moving to a nearby
location.
"Automotive
franchise laws and regulations regarding the establishment or relocation of a
dealership are very complex," Hyatt said. "This property met the
needs of Holman Automotive and we were able to negotiate a valuable deal for
both parties."
For a complete
copy of the company’s news release, please contact:
Marielle Sologuren
Pierson Grant Public Relations
(954) 776-1999, ext. 226
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