Round Rock – Round Rock Honda and Round Rock Toyota, both part of Bloomfield Hills, a Mich.-based Penske Automotive Group, have signed a long-term lease at Crystal Park II, located at 106 Old Settlers Blvd. in Round Rock.  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 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. 

Penske operates 325 retail franchises representing 39 brands, plus 25 collision centers. The company employs about 14,500 people.