FORT LAUDERDALE, FL– Berger Commercial Realty Corp., a full service commercial real estate firm based in Fort Lauderdale, Fla. and serving clients around the state, announced a new lease between Lighthouse Point Auto Investors I, LLC, and Broward Automotive, Inc, doing business as Audi Coral Springs, represented by broker Steve Hyatt, (top right photo) at 4250 North Federal Highway in Lighthouse Point, Fla.
"After renovations, the property will be the new home of Audi Lighthouse Point, a new sales and service facility for the Audi franchise," said Hyatt. "Audi Coral Springs and Audi Lighthouse Point are owned by the Qvale Automotive Group, a large dealership group with operations in Florida and California."
The multi-year agreement is for a 31,781 square-foot property is located on 2.9 acres of land.
"Audi Lighthouse Point will open September 1 and will serve as an additional eastern satellite operation for customers in the Fort Lauderdale, Pompano Beach and Boca Raton areas ," said Hyatt.
Hyatt joined Berger Commercial Realty Corp. as Senior Vice President and Director of Business Development after a successful 12-year career as Vice President of Corporate Development at AutoNation, Inc. (NYSE:AN), an $18 billion, Fortune 100 automotive retailer based in Fort Lauderdale.
While at AutoNation, he was responsible for the acquisition and disposition of over 175 automobile dealerships in 17 states.
Contact: Marielle Sologuren, Pierson Grant Public Relations, 6301 Northwest 5th Way, Suite 2600, Fort Lauderdale, FL 33309, Phone: (954) 776-1999, ext. 226, Fax: (954) 776-0290, msologuren@piersongrant.com
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