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Q1 2017 Brokerage Activity reached over $22 million in transactions

BIRMINGHAM, Ala. – 2017 started off with solid sales and leasing activity throughout Birmingham. Lease highlights include a 92,000 SF lease for Southern Tire Mart by Seth Berry, Action Resources Inc.’s expansion into the former Parisian Building by David Spencer and popular restaurant Bartaco’s lease at the Edgewood Station redevelopment project by Michael Murray. In total, the Shannon Waltchack brokerage team conducted over $22 million in transactions during the first quarter.

“The pace of deals continues to grow in Birmingham and around the country; activity begets more activity,” said Shannon Waltchack Partner Derek Waltchack.

Transaction details are listed below in alphabetical then chronological order:

• Ali Wilburn represented Funches Planning Practice in the lease of 908 SF of office space at Two Perimeter Park from Barber Companies.

• Ali Wilburn represented 1818 Building, LLC in the lease of 3,600 SF at 1755-1759 Skyland Blvd in Tuscaloosa to Omar Avieneda.

• Ali Wilburn represented the sellers in the sale of 27 acres located behind Patton Creek to Patton Creek Investors, LLC.

• Andrew Patterson, CCIM represented Hallman Hill, LLC in the renewal of 1,281 SF at 350 19th Street South to Genesis Nail Spa.

• Andrew Patterson, CCIM represented Chelsea Crossings, LLC in the renewal of 8,000 SF at 16054 US Highway 280 to Dollar Tree Stores, Inc.

• Andrew Patterson, CCIM represented Lake Crest Partners, LLC in the lease of 2,943 SF at Lake Crest Center, 2321 John Hawkins Parkway to Dr. Stuart Atkinson. Mike Jorgenson of Carr Healthcare Realty represented the tenant.

• Andrew Patterson, CCIM represented Johns Creek Retail, LLC in the lease of 1,050 SF at 4090 Johns Creek Parkway to Allure Nails.

• Andrew Patterson, CCIM represented Johns Creek Partners, LLC in the renewal of 1,400 SF to SIGARO INC at 4090 Johns Creek Pkwy in Johns Creek, GA.

• Andrew Patterson, CCIM represented Paramount Partners, LLC in the lease renewal of 10,000 SF at 204 20th Street North (Paramount Building) to Action Resources. The tenant was represented by David Spencer.

• Andrew Patterson, CCIM represented Alabama Outdoors in the lease of 4,200 SF of retail space at Homestead Village in Trussville. Miller Terry of Blackwater Resources, LLC represented the landlord.

• Andrew Patterson, CCIM represented Cherokee Corners, LLC in the sale of a 24,000 SF shopping center in Centre, AL. Rich Campbell also represented the landlord. Vanessa Striplin of Southeast Commercial represented the buyer.

• Andrew Patterson, CCIM represented Skinner Properties, LLC in the lease of 1,800 SF at Hanceville Plaza to Hanceville Laundry.

• Andrew Patterson, CCIM represented Galloway, Scott, Moss & Hancock, LLC in the lease of 4,213 SF at Woodcrest Place in Homewood. Andrew Loveman of Southpace Properties represented the landlord.

• Andrew Patterson, CCIM represented TherapySouth in the lease of 3,150 SF at Benson Plaza in Harpersville, AL. Glen Ponder of Ponder Properties represented the landlord.

• Andrew Patterson, CCIM represented Johns Creek Partners, LLC in the lease of 1,400 SF to Café Bahar in Suwanee, GA.

• David Spencer represented Action Resources, Inc. in the lease of 15,265 SF at 1924 2nd Avenue North, the former Parisian Department Store, from LTM Properties who was represented by Ladd Tucker.

• David Spencer represented Commercial Printing Company, Inc. in the sale of a 60,446 SF building at 222 6th Avenue SW to Rocky Heights Printing. The buyer was represented by Ira Levine of Levine Associates.

• David Spencer represented Vineyard Brands in the lease of 7,272 SF at 2 North 20th Street, from PZZ TNT Property Owner, LLC. The landlord was represented by Tanner Sumners of Harbert Realty.

• David Spencer represented VSE Corporation in the lease of 10,000 SF at 470 Blake Bottom Road, Huntsville, AL. Jeremy Pope of Graham & Company represented the Landlord.

• David Spencer represented ProctorU in the lease of 1,579 SF in Westlake Village, CA from Agoura and Lindero Associates, LLC.

• Derek Waltchack represented Parts in the Dale, LLC in the sale of a 6,100 SF Napa Auto Parts store at 308 Fieldstown Road in Gardendale to 308 Fieldstown, LLC.

• Derek Waltchack represented WSKG II, LLC in the sale of a Verizon store in Hattiesburg, MS to Young Investment Properties, LLC.

• George Elliott represented Trussville Executive Park Partners, LLC in the lease of office space at 1976 Gadsden Highway to H&H Realty.

• George Elliott represented Regions Bank Trust Department in the sale of vacant land on Highway 11 in Trussville to Site Acquisitions Properties, LLC, represented by Evan Dujanovic of Commercial Property Services.

• George Elliott represented Collateral Holdings, LLC in the lease of office space to CAMCOE, LLC at 1900 Crestwood Blvd.

• George Elliott represented Trussville Park Partners in the lease of office space at 1976 Gadsden Highway to Credit Central, LLC.

• George Elliott represented Collateral Holdings in the lease of office space at 1900 Crestwood Boulevard to Dasher Technologies.

• Len Shannon, CCIM represented Altadena Partners, LLC in the lease of 3,210 SF of retail space at 4704 Cahaba River Road to Melvin Humes – Cahaba Dollar. Humes was represented by Jim Samford of Discount Retail Specialists.

• Michael Murray represented Edgewood Station, LLC in the lease of 5,000 SF at 1017 Oxmoor Road to Bartaco. The tenant was represented by Fletcher Elkington of Elkington Real Estate Group.

• Michael Murray represented Willow Oak, LLC in the lease of 1,500 SF at 3521 Vann Road in Trussville to Marino Premium Detailing.

• Robert Crook, CCIM represented the buyer Founders Station, LLC in the purchase of a 6,450 SF building located at 2018 Morris Avenue D K Properties, LLC.

• Robert Crook, CCIM represented the seller RWDSU, LLC, in the sale of 2013 1st Avenue North to Founders Station, LLC.

• Robert Crook, CCIM represented the seller Gregory Auzenne Properties, LLC in the sale of 2015 1st Avenue North, to Founders Station, LLC.

• Robert Crook, CCIM represented RLC Partners, LLC in the purchase historical building to be converted to residential and commercial condos at 112 24th Street North from WSK Realty, LLC.

• Robert Crook, CCIM represented Parkside Residences, LLC in the lease of 2,694 SF at 1701 1st Avenue South to Cosecha Urban Kitchen.

• Robert Crook, CCIM and Seth Berry represented AMC Holdings, LLC in the lease of 1,122 SF to Joseph Chambers at 300 Canyon Park Drive in Pelham.

• Robert Crook, CCIM and Seth Berry represented AMC Holdings, LLC in the lease of 1,122 SF to Johnson Service Group at 300 Canyon Park Drive in Pelham.

• Seth Berry represented the seller in the sale of an office condo located at 1211 Edenton Street to Woolsley Investments, LLC.

• Seth Berry represented the landlord, Markfore Investments in the lease of a 2,400 SF at 100 Bowling Lane in Pelham to Marty C. Lovvorn, DC.

• Seth Berry represented All for E, LLC in the sale of a 7,200 SF industrial building at 2000 McCain Parkway to Foresee Investments, LLC. The buyer was represented by Debbie Seale of Realty South.

• Seth Berry represented Alabama One Credit Union in the sale of 8 acres at 5017 Skyland Blvd East in Tuscaloosa to Sunsouth Equipment.

• Seth Berry represented Southern Tire Mart in the lease of 93,000 SF of industrial space at the Birmingham Food Terminal. Brad Moffat with EGS Commercial Real Estate represented the LL.

• Seth Berry represented Hero Doughnuts, LLC in the lease of 1,341 SF of retail space in Homewood. Stutts Everette of Veritas Commercial Real Estate represented the LL.

Scott Hinkle represented 1620 3rd Ave N Management, LLC in the purchase of a 21,000 SF building at 1620 3rd Avenue North from Bushome Inc., The landlord was represented by Watts Realty.

• Tim Blair, CCIM represented Corporate Center Partners, LLC in the lease of 1,923 SF at 2700 Rogers Drive in Homewood to Focus MD.

• Tim Blair, CCIM represented Corporate Center Partners, LLC in the lease of 800 SF at 2700 Rogers Drive in Homewood to Jayne Randolph.

• Tim Blair, CCIM represented Independence Plaza Partners, LLC in the renewal of 1,897 SF at One Independence Drive in Homewood to Halbrooks & Allen.

Contact: Suzanne Echols, Marketing Director / 205.868.3807 / se@shanwalt.com

Images: L to R: Action Resources Inc.’s renovated office space inside the former Parisian Building at 1924 2nd Avenue North; Corporate Center at 2700 Rogers Drive in Homewood

“The pace of deals continues to grow in Birmingham and around the country; activity begets more activity,” said Shannon Waltchack Partner Derek Waltchack.

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by Suzanne Echols
04.19.2017