News: Retail
Posted: November 21, 2012
Elliot & Co. brokers 12,000 s/f to Gallery Automotive Group
Elliot & Co. LLC, a leading commercial real estate brokerage firm, has negotiated a 12,000 s/f lease to Gallery Automotive Group on behalf of CMI Property Inc. at 147 Morgan Dr.
Gallery Automotive Group is a new and pre-owned car dealership and wholesaler featuring the BMW, Honda, Mazda and Volkswagen brands. The company will house its auto parts division at 147 Morgan Dr. Gallery Automotive Group has its offices, showroom and service center at nearby 918 Providence Hwy. on the Rte. 1 Automile.
Elliot Ravech, president and principal of Norwood-based Elliot & Co., represented CMI Property Inc. in the transaction.
Managed by Norwood-based CMI Property Inc., 147 Morgan Dr. is part of a 40,000 s/f, two-story, mixed-use facility. The building complex supports office, lab, warehouse, R&D and distribution uses. Elliot & Co. is the exclusive leasing agent for the property.
"Close proximity to its Automile dealership made 147 Morgan Drive an outstanding choice for Gallery Automotive's auto parts operations," said Ravech. "147 Morgan Drive offered the ideal location and space flexibility to suit Gallery's needs."
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