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The news keeps coming from Giant Motorsports, Inc. The company, which owns and operates Andrews Cycles in Salem, Ohio, and Chicago Cycle Center in Chicago, has leased a 93,000-square-foot commercial building to expand its Chicago retail location.
Greg Haehn, president of Giant Motorsports, says the new facility will triple the size of the venture.
"We expect that the newly-designed Chicago facility will become our flagship dealership, serving as a model for our future acquisitions and re-deployment of regional Giant Motorsports retail centers in key markets throughout the United States," Haehn said.
Giant Motorsports acquired Chicago Cycles in May. The dealership generated $40 million in revenues last year under its previous owners. The new retail facility is expected to be fully operational by March 1.
