Pub. 2 2023-2024 Issue 1

DEALERSHIP FACILITY DESIGN ADAPTS TO SHIFTS IN AUTO RETAILING BY JASON W. SMITH, HEAD OF TRUIST DEALER SERVICES, AND JOE PELLA, HEAD OF NATIONAL COMMERCIAL REAL ESTATE AT TRUIST. WRITTEN IN PARTNERSHIP WITH RYAN STANCILL, PRINCIPAL AT PRAXIS3 ARCHITECTURE DESIGN FIRM Auto retailing is in the midst of a construction boom fueled by favorable cash flow, upgrades after ownership changes and the pentup demand for facility updates to keep up with customers and serve them efficiently. To review current construction and design trends, we talked with Joe Pella, head of National Commercial Real Estate at Truist, Jason W. Smith, head of Dealer Commercial Services at Truist, and Ryan Stancill, Principal at architecture and multidisciplinary design firm PRAXIS3. THE GENERATOR 40

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