PENSKE DEALERSHIPS LEASE 71,000 SF IN ROUND ROCK

by admin

ROUND ROCK — Round Rock Honda and Round Rock Toyota, both part of Bloomfield Hills, Mich.-based Penske Automotive Group, have signed a long-term lease at Crystal Park II, located at 106 Old Settlers Blvd. in Round Rock, a suburb of Austin. The 71,150-square-foot Suite 100 in Building E will be used as a vehicle maintenance facility. Greg Johnson and Luke Wheeler of Transwestern's Austin office represented the owner, KBS Real Estate Investment Trust I, in the lease transaction, which brings the property to 92 percent occupied. Crystal Park II is a two-building, 242,452-square-foot Class A industrial property that is situated close to Interstate 35.

You may also like