Monday, November 24, 2014

Holman Automotive Purchases Fort Lauderdale, FL Site for New MINI Cooper Showroom in $3.65 Million Deal Brokered by Steve Hyatt of Berger Commercial


Steve Hyatt

FORT LAUDERDALE, FL – Berger Commercial Realty Senior Vice President Steve Hyatt represented Holman Automotive, Inc. in the $3.65 million purchase of a Fort Lauderdale site located at 2150 S. Federal Highway. Element Three Inc. sold the 1.06-acre property, which formerly housed Air & Sea Rent-A-Car.

Holman Automotive is planning to relocate the sales department of MINI of Fort Lauderdale, a MINI Cooper car dealership currently located at 1440 S. Federal Highway, to the new site within a year.

The property features a parking garage with 185 spots and a 38,000-square-foot building, which Holman Automotive plans to renovate. 

The facility's architects are Falkanger, Snyder, Martineau and Yates, who are designing a new, ultra-modern showroom for the MINI sales department.

The MINI dealership's new service center will be located six blocks away at 2627 S. Andrews Ave., where Holman Automotive is currently building a new $15 million service center, designed by the same architects, for both its BMW and MINI franchises. 

Holman Automotive purchased the South Andrews Avenue property in March 2013 for $5.6 million from Causeway Lumber Company in a deal that was also closed by Hyatt, who specializes in automotive real estate.

 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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