aftermarket and recycled collision replacement parts for automobiles
and trucks, has established a major distribution center in Charlotte.
LKQ recently leased the former FedEx facility at 1001 Carrier Drive
off I-85 in north Charlotte. The 156,000 sq. ft. complex consists of
shop, office and terminal buildings on 52 acres and will serve as the
company's base of operations for the Carolinas. Bill Mowry of Prime
Equities represented LKQ during lease negotiations. Lester Osborn of
Piedmont Properties represented the landlord.
LKQ's Charlotte operation continues the publicly traded company's
expansion throughout North and Central America. Including its
operations in the United Kingdom, LKQ operates over 440 facilities and
expects to hire locally in line with the Charlotte center's growth.
"We are very excited about our recent expansion in the Charlotte
market with the addition of our new warehouse," says Joe Boutross,
LKQ's Director of Investor Relations. "This new facility will allow us
to increase our product offerings to our customers in the Charlotte
metropolitan area while simultaneously expanding our team of employees
to support our growth strategy. It's a win-win for LKQ, Charlotte and
our customers."
The Charlotte Chamber worked with LKQ Corporation in the fall of 2011
as the company evaluated Charlotte.
For more information on LKQ Corporation, please visit www.lkqcorp.com.
