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Q4 2015 Brokerage Activity

01.25.2016

Shannon Waltchack finished the year strong, exceeding $23 million in transactions during the fourth quarter. SW added a new broker, Seth Berry, to the team, adding valuable experience and a skill set that complements the team. “We continue to see strong activity and our deal volume is a testament to our brokers’ hard work and dedication to serving our clients,” said Principal Andrew Patterson, CCIM

Transaction details are listed below in alphabetical then chronological order:

Ali Wilburn represented Cahaba River Road Retail, LLC in the lease of 2,000 SF at 4851 Cahaba River Road to Core Chiropractic who was represented by Michael Hughes with Hydinger Stewart.

Andrew Patterson, CCIM and Len Shannon, CCIM represented Merchants Walk Partners, LLC in the purchase of the 29,000 SF retail center located at 1919 18th Street in Homewood from Merchants Walk, LTD.

Andrew Patterson, CCIM, Len Shannon, CCIM and Scott Hinkle represented Chelsea Crossings, LLC in the purchase of a strip center in Chelsea, AL from LNR.

Andrew Patterson, CCIM represented Cherokee Corners, LLC in the renewal of 1,200 SF at 1933 West Main Street in Centre, AL to Advance America.

Andrew Patterson, CCIM represented Skinner Properties, LLC in the renewal of 3,000 SF at 2104 AL Highway 157 in Cullman, AL to Drayer Physical Therapy.

Andrew Patterson, CCIM represented Heritage Town Center Partners, LLC in the renewal of 1,200 SF at Heritage Town Center, located at 813 Dennison Ave SW, to Anna Nguyen.

Andrew Patterson, CCIM represented Southside Partners, LLC in the renewal of 5,600 SF at 1024 20th Street South in Five Points to Cloud Nine Southside Tattoo & Body Piercing Studio.

Andrew Patterson represented Ratliff Partners, LLC in the renewal of 9,915 SF at Crestbrook Plaza, 3918 Montclair Road to Fresenius Medical Care.

Andrew Patterson, CCIM represented Altadena Partners in the renewal of 1,600 SF at to Enterprise Leasing.

Andrew Patterson, CCIM represented Pelham Retail in the renewal of 11,250 SF at Pelham to AutoZone.

Andrew Patterson, CCIM represented Cherokee Corners, LLC in the renewal of 3,600 SF at 1933 West Main Street in Centre, AL to CATO Corp.

Carey Atkinson represented both the landlord, JCG Investments, LLC, and the tenant, Alabama Wellness, in the lease of 1,500 SF at 4898 Valleydale Road.

David Spencer represented Brookwood Ophthalmology, Inc. in the lease of 1,144 SF at Independence Plaza in Homewood.

David Spencer represented A Journey for Change in the lease of 2,780 SF at 650 9th Avenue in Bessemer, from Six Fifty Building, LLC.

George Elliott represented Ivy Creek Healthcare in the purchase of vacant land on Gilmer Avenue in Tallassee, AL from BenJoe Properties, LLC.

George Elliott represented Regions Bank in a lease at Lane Parke in Mountain Brook from Evson Inc.

George Elliott represented 5 Points Partners, LLC in the lease of space at 1630 Crestwood Blvd in Irondale to Purpose Place, LLC represented by Fletcher Brown.

Len Shannon represented Cochise, LLC in the purchase of a 3,687 SF building at 1516 20th Street South from Michael W. McClure.

Len Shannon, CCIM and Ali Wilburn represented Dan Coyle; Catherine Coyle Peterson in the sale of 1329 4th Avenue South to UAB Educational Foundation.

Len Shannon, CCIM and Ali Wilburn represented PB Properties in the sale of two buildings at 2608 Highland Avenue South to Cruse Holdings who was represented by Bob Bohorfoush with Boardwalk Commercial Real Estate.

Michael Murray represented Cantrell Development Company in the sale of a building located at 2000 Clowdus Drive in Oneonta, AL to Oneonta Realty, LLC.

Michael Murray represented CHS Holdings Company, LLC in the purchase of an office building located at 2177 11th Court South from John Charles Carraway.

Michael Murray represented RedSky Studios, LLC in the lease of 2,740 SF at Greystone Park.

Michael Murray and Seth Berry represented 154 Business Center Drive, LLC in the purchase of an industrial building at 154 Business Center Drive in Pelham from Phoenix Meds, Inc.

Robert Crook, CCIM represented PTC Property Management in the lease of 3,300 SF at 1014 Montgomery Highway in Vestavia (the former Soccer Locker) to Iron Tribe Fitness, represented by Adam Baxter of SRS Real Estate Partners.

Robert Crook, CCIM represented University Park, LTD in the lease of 2,145 SF to New Day Barber Shop at University Park, at 1205 2nd Avenue South.

Robert Crook, CCIM represented AMC Holdings in the lease renewal of 1,260 SF to Phuc Nguyen at Creek Crossings at Chelsea.

Robert Crook, CCIM represented AMC Holdings in the lease of 1,100 SF to Dietech Financial at Canyon Park in Chelsea.

Robert Crook, CCIM represented RLC Partners in the lease of 2,500 SF to Tavern on 1st, at 2320 1st Avenue North.

Robert Crook, CCIM represented Grey Barn LLC in the purchase of 9,800 SF at 1813 3rd Avenue South from Triple Point Properties, LLC represented by Mark Dinan of Mark Dinan Commercial and Investment Real Estate.

Tim Blair, CCIM represented Corporate Center Partners, LLC in the renewal of 8,629 SF at Corporate Center in Homewood to ERA King Real Estate.

Tim Blair, CCIM represented Davis Architects in the lease of 9,922 SF at the BEBCO building at 2230 Second Ave. South from BEBCO Properties.

Tim Blair, CCIM represented Corporate Center Partners, LLC in the lease renewal of 536 SF to Progress Leasing.

Images
L to R: Merchants Walk Shopping Center; Macon Office Building; Cherokee Corners Shopping Center – All Photos by Chris Luker

Contact: Suzanne Flanagan, Marketing Director, 205.868.3807 / [email protected]

“We continue to see strong activity and our deal volume is a testament to our brokers’ hard work and dedication to serving our clients,” said Principal Andrew Patterson, CCIM