SAAB Dealer Acquires 6.8 Acres in Suburb

HOUSTON-Bob Heckeroth of Performance SAAB of Houston has acquired 6.8 acres along Memorial Drive, which parallels Texas 59 North in Humble, a northern suburb of Houston. The plan is to open a dual dealership for SAABs and Mitsubishis.

WCR Properties of Humble sold the land, which is adjacent to Robbins Chevrolet and Robbins Nissan. The asking price for the dealers’ row land along Memorial Drive was $1.8 million. The Harris County Appraisal District pegged the property’s 2002 assessment at $895,100.

Heckeroth, who owns a Performance SAAB at 10505 Southwest Freeway, tells GlobeSt.com that ground will break in two weeks, with delivery planned for summer 2003. He says the entire tract will be built out. The plan is to construct a 25,000-sf office/showroom and use the balance of the tract for parking lots and display.

Marc Drumwright of Houston’s Southwest Realty Advisors represented the buyer. Giammalva Properties of Houston acted for the seller.