(Courtesy of Guest Blogger Brian Krueger, CEO, HGR Industrial Surplus)
Nope, HGR Industrial Surplus is not getting into the used car business, but DriveTime, a new national automotive tenant, will be joining HGR Industrial Surplus and NEO Sports Complex at Nickel Plate Station, 20001 Euclid Avenue, Euclid, Ohio, in September.
The company is based out of Arizona and sells used cars. It currently has 139 dealerships throughout the country and is planning to open 10 more by the end of the year. Its geographic region started in the west and is expanding to the East Coast. It employees more than 1,000 people. The company’s largest competitor in the area is CarMax.
The facility in Euclid will be used as an inspection and distribution center. DriveTime will buy used cars and ship them into Euclid for service and detailing. From there, they will be sent to one of its retail locations for sale. The inspection center will have more than 20 car lifts, mechanics area, spray booths, wash stations, and other car service features. The center will be its largest in the country, eventually feeding at least 11 retail locations. The retail locations will stretch from Detroit to Erie, Pennsylvania.
The inspection center will process approximately 56 vehicles per day. It will utilize the large parking lot for unfinished and finished cars. The center will employee between 85 to 100 people. The company will be conducting a fit out for new offices and bathrooms within the facility and will be investing more than $2 million into its operation.