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Q3 Brokerage Activity

FOR IMMEDIATE RELEASE
September 30, 2015

Shannon Waltchack Q3 brokerage activity exceeds $21 million

BIRMINGHAM, Ala – Shannon Waltchack has had a busy third quarter, with transactions ranging from landlord representation to tenant representation to investment sales. Our full-service brokerage team strives to lead the field in building a better Birmingham. “Shannon Waltchack is excited to be participating in the rebounding economy, and help businesses grow and their ideas become a reality,” said Principal Tim Blair, CCIM, CPM.

Transaction details are listed below in alphabetical then chronological order:

• Ali Wilburn represented the buyer, Hallman Hill Retail, LLC, in the purchase of 12,500 SF of retail space at Hallman Hill in Homewood.

• Ali Wilburn represented Hallman Hill Retail, LLC, in the lease of 1,833 SF of restaurant space at Hallman Hill in Homewood to Kadek Sudasana.

• Ali Wilburn represented Hallman Hill Retail, LLC in the lease of 2,307 SF to 5 Fitness.

• Andrew Patterson, CCIM represented Shelby Medical Partners, LLC in the lease renewal of 2,316 SF at the Shelby Medical Building located in Alabaster, AL to Dr. Aye Unnoppet.

• Andrew Patterson, CCIM represented Heritage Towne Center Partners, LLC in the lease renewal of 1,200 SF to Subway at Heritage Towne Center at 83 Dennison Street.

• Andrew Patterson, CCIM represented Heritage Towne Center Partners, LLC in Laundramate’s lease renewal at 83 Dennison Street.

• Andrew Patterson, CCIM represented Skinner Properties in the lease renewal of 2,000 SF to All-Star Medical at Cullman Medical Office Complex in Cullman, AL.

• Andrew Patterson, CCIM represented Skinner Properties in the lease renewal of 1,000 SF to Miller Roofing at 2024 Main Avenue SW in Cullman, AL.

• Andrew Patterson, CCIM represented Skinner Properties in the lease renewal of 2,000 SF to Cullman Open MRI at Cullman Medical Office Complex in Cullman, AL.

• Andrew Patterson, CCIM represented University Park, LTD in the lease renewal of 2,000 SF of office space to JBSC Mental Health at University Park located at 1201 2nd Avenue South.

• Andrew Patterson, CCIM represented Cyrus Partners, LLC in the lease renewal of 1,922 SF at 5120 Cyrus Circle to eSystems.net.

• Andrew Patterson, CCIM represented Corporate Center Partners, LLC in the lease renewal of 637 SF at Corporate Center, 2700 Rogers Drive in Homewood, to Maurice Langley.

• Andrew Patterson, CCIM represented Hillside Partners, LLC in the lease renewal of 2,200 SF at Hillside Medical Office Building, 224 First Street N in Alabaster, to OBGYN.

• Andrew Patterson, CCIM represented Skinner Properties in the lease renewal of 1,500 SF to Alabama Massage Therapy at 2024 Main Avenue SW in Cullman, AL.

• Andrew Patterson, CCIM represented Southeast Medical Trussville, LLC in the purchase of 4.41 acres of land in Trussville, AL from Sunbelt-STR, LLC. Austin Blair of LAH Commercial represented the seller.

• Andrew Patterson, CCIM and Derek Waltchack represented Madison Retail Partners, LLC in the sale of 0.80 acres of land in Madison, AL to Wal-Mart Real Estate Business Trust.

• Andrew Patterson, CCIM and Len Shannon, CCIM represented Galleria Partners, LLC in the sale of a shopping center located at 1705 Montgomery Highway to G&I VIII Riverchase II LP.

• Carey Atkinson represented the landlord, JCG Investments, LLC and the tenant, Cell Touch in the lease of 1,100 SF at Village Square, located at 1518 9th Avenue North in Bessemer.

• Dalton Smith represented Arlington Park, LLC in the sale of 80 apartment units located on the West side of Birmingham.

• David Spencer represented Bayside Business Solutions, LLC in the lease of 10,637 SF at the John Hand Building, 17 20th Street North, from John Hand, LLC, represented by Philip Currie, CCIM of JH Berry & Gilbert.

• David Spencer represented Brookwood Ophthalmology, Inc. in the lease of 4,320 SF at Independence Plaza in Homewood, represented by Tim Blair, CCIM.

• David Spencer represented Brian Woodfin in the purchase of a 6,800 SF building located at 2317 2nd Avenue South. Len Shannon, CCIM represented the owner, 2317 2nd Avenue South, LLC.

• David Spencer represented ARI Logistics, LLC in the sublease of 8,398 SF at 600 Century Park South to CDC Publishing, lLC d/b/a/ DataFax, represented by John Coleman of Graham & Company.

• Derek Waltchack represented the owners of Railroad Square, a 40,000 SF building located at 120 18th Street South to Vulcan Birmingham, LLC. Wesley Crunkleton, CPM of Crunkleton & Associates represented the buyer. Shannon Waltchack will continue leasing and managing the building.

• George Elliott represented Chace Landing in the lease to The Urban Barn at Chace Landing in Hoover. Chace landing is now fully leased.

• George Elliott represented Covenant Counseling in the renewal and expansion at Lakeshore Park Plaza. Jerry Grant, CCIM of Graham & Company represented the landlord.

• George Elliott represented Trussville Park Partners, LLC in the lease to Darrell Walker/Work Force, represented by Jerry Tortorigi of Tortorigi Properties.

• Michael Murray represented Altadena Partners in the lease of 2,760 SF to Birmingham Infectious Diseases at Altadena Square. Bob Bernstein of Performance Healthcare Group represented the tenant.

• Michael Murray represented Altadena Partners, LLC in the lease of 1,019 SF to Value in Prevention at Altadena Square.

• Michael Murray represented Atlas Kegs in the lease of 10,000 SF at 1200 1st Ave South and Robert Crook represented the landlord Parkside 15, LLC.

• Robert Crook, CCIM represented X, LLC in the lease of 4,000 SF at 2114 2nd Avenue South to American Auto Credit.

• Robert Crook, CCIM represented The Mecca, LLC in the purchase of 8,000 SF at 2024 Morris Avenue

• Robert Crook, CCIM represented Parkside 15, LLC in the lease of 28,000 SF of industrial space at 1200 1st Avenue South to Hardy Corporation, represented by Jim Hicks of the JH Organization.

• Robert Crook, CCIM represented Players Choice Tennis in the lease of 2,400 SF at Vestavia Hills Plaza, represented by Hurston Raley of EGS Commercial Real Estate.

• Robert Crook, CCIM represented Nimrod Long & Associates, LLC in the lease of 1,637 SF at the 880 Building. John Hennessy of Colliers International represented the landlord.

• Robert Crook, CCIM represented Pinecrest LLC in the lease of 4,000 SF at 2213 Morris Avenue to the Alabama Policy Institute.

• Robert Crook, CCIM represented PTC Property Management LLC in the lease of 3,300 SF at 1014 Montgomery Highway in Vestavia.

• Robert Crook represented the landlord in the lease of 2,368 SF at 48 Chesser Crane Road in Chelsea to Childs Play Therapy Center.

• Tim Blair, CCIM represented Corporate Center Partners, LLC in the lease of 2,500 SF to Nephrology Associates, LLC at Corporate Center, 2700 Rogers Drive in Homewood.

• Tim Blair, CCIM represented Shelby Medical Partners, LLC in the lease of 2,500 SF to Nephrology Associates, LLC at Shelby Medical Building, located in Alabaster, AL.

• Tim Blair, CCIM represented Roger Smith, DMD in the lease of 2,237 SF at 3918 Montclair Road from Ratliff Partners, LLC.

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About Shannon Waltchack
A full service commercial real estate firm, Shannon Waltchack manages, brokers, develops, and acquires property across the Southeast. Since its inception in 2005, Shannon Waltchack has closed more than $1.2 billion in real estate transactions and manages a diverse portfolio that includes more than 80 properties spanning five states and over 2.9 million square feet. For more information, please visit shanwalt.com.

Shannon Waltchack is a member of TCN Worldwide, a global network of independent commercial real estate firms with offices throughout the United States and abroad. This affiliation allows us to utilize a network of global resources, including an on-the-ground presence and research analytics in more than 200 different markets including over 800 brokers.

Images
L to R: Shelby Medical Building; Corporate Center; John Hand Building
All Photos by Chris Luker

Contact:
Suzanne Flanagan
Marketing Coordinator
205.868.3807 / sf@shanwalt.com

Shannon Waltchack Q3 brokerage activity exceeds $21 million

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by Suzanne Echols
09.29.2015