NAI Chase Commercial Realty and Loveman Realty Engaged to Represent 1280 Acre Land Sale in Tanner, Alabama
Huntsville, Alabama – October 24, 2023 – NAI Chase Commercial Realty, a member of the…
BIRMINGHAM, Alabama – September 19th, 2023– NAI Chase Commercial Real Estate, an office of NAI Global, a leading global commercial real estate brokerage firm, announced today that it represented the sale of 12,600 Sq. Ft. Retail Building at 140 Resource Drive in Birmingham, Alabama owned by LR Properties LLC. Randy Thomas and Glenn Ponder with NAI Chase Commercial represented the seller. Realty Hubb, LLC Represented the Buyer.
Glenn Ponder Director of Sales, Leasing and Development for NAI Chase Commercial said “The sale of this property demonstrates strong investor confidence in the Birmingham Real Estate Market. The $2,300.00 sale price reflects the demand for well-positioned and promising assets in the Highway 280 Market area”.
“This sale is the latest of several recent major transactions we’ve represented in Birmingham and throughout Alabama, demonstrating a continued demand for retail and other types of commercial properties.” Said Randy Thomas, Executive Vice President of Brokerage.
The property, being conveniently located to Hwy 280 and offering some acreage, will be transformed into a nationally recognized auto collision shop. Resource Center Parkway has seen a fair amount of development recently with a multilevel storage facility, the emergency veterinarian clinic, and the establishment of national restaurant chains.
ABOUT NAI CHASE COMMERCIAL
NAI CHASE COMMERCIAL, an Accredited Management Organization with its professional staff of real estate brokers with offices in Huntsville and Birmingham, Alabama provides Retail, Office and Industrial Commercial Property Brokerage, Leasing and Sales, Commercial Property Development, Commercial Property Management, Investment Property Brokerage, Construction Management Consulting, and Building Renovation Services. For more information on NAI Chase Commercial, please visit www.chasecommercial
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe, Africa, and Asia Pacific, with over 6,000 local market professionals, managing in excess of over 1.15 billion square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.
To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com