The law firm of Angelo & Banta, P.A. is pleased to announce it recently represented AutoNation in connection with a new lease for the relocation of its corporate headquarters from 110 SE 6th Street, Fort Lauderdale to 200 Las Olas Circle in downtown Fort Lauderdale.
AutoNation will lease five floors at 200 Las Olas Circle containing approximately 105,000 square feet from an affiliate of Stiles Corporation. AutoNation is expected to move to its new location approximately mid-2009. This new state of the art building consists of approximately 186,516 square feet of Class “A” office space, 17,538 of ground-level retail shops near Las Olas Riverfront, as well as six levels of parking. The lease provides for an initial twelve year term with two five year options.
AutoNation, headquartered in Ft. Lauderdale, FL, is the largest automotive retailer in the United States. Currently, AutoNation, Inc. owns 239 new vehicle franchises in 15 states. Named America’s Most Admired Automotive Retailer by Fortune Magazine, AutoNation is also ranked #122 on the 2007 Fortune 500.