The 200,000-square-foot facility will be converted into TGI’s new headquarters and distribution center.

TGI also plans to add a retail and commercial tire service center on the property there.

TGI officials said the new facility will allow the company to “double its current inventory levels, allowing it to expand its marketshare.” TGI also ships tires to Latin American and Caribbean countries.

The new retail store, according to TGI, will be “one of the largest retail tire stores located in South Florida” and will carry more than 40 tire brands “at warehouse prices.”

According to TGI CEO Antonio Gonzalez, “our retail concept will be unique because we will be able to offer an unmatched variety of brands and sizes out of one location, since our warehouse will be located on the same property. This retail store will house over 500,000 available units on its premises. We will also feature the most advanced tire changing and maintenance equipment available anywhere in South Florida.”