Reports > News Archive
November 01, 2004 - Authored by Rhonda Thomas PAIR OF IRONDALE BUILDINGS SELL
GRAHAM & COMPANY TO BUILD FOR Claude Tindle, SIOR, CRE of Graham &
MERCEDES Company, Inc. recently listed and sold a 7,500 sf
office/warehouse at 5626 Clifford Circle formerly
Mercedes-Benz plans to replace its Bessemer occupied by Tafco-Mabry & Haynes, a division of
replacement parts warehouse next year with a Ingersoll Rand. Tafco relocated to Ingersoll
518,000 square foot state-of-the-art facility across Rand’s campus in Bessemer in the spring of
Interstate 20/59 from the automaker's assembly 2004. Mullins Building Products will consolidate
plant in Vance. Graham & Company, Inc. was administrative operations into the facility.
selected from a group of bidders to develop the Secondly, Sonny Culp, SIOR represented New
warehouse on 44 acres. General contractor Cooper York Blower Corp. in the sale of a 14,000 sf
Construction and architect Designform will team office/warehouse at 105 19th Street South. The
with Graham & Company. "We're thrilled to have purchaser was Creative Concepts, a locally
been selected by them. They're a first-rate based specialty advertising company. LAH
organization. They do everything in a first-rate represented Creative Concepts.
manner” Mike Graham, president, reported in The
Birmingham News. The wheels, seats, internal STAPLES SIGNS LEASE IN HUNTSVILLE
panels and other parts stored at the new
warehouse will be shipped to dealers who will use Staples Contract & Commercial has signed a five
them to service vehicles made at the Vance plant. year lease for 6,002 sf at 2995 Wall Triana
Mercedes is expanding its assembly plant, in a Highway in Huntsville. Staples, headquartered
$600 million project, to double production to outside Boston, invented the office superstore
160,000 vehicles a year for its M-Class and the new concept and today is the largest operator of office
Grand Sports Tourer. Sonny Culp, SIOR, Jack superstores in the world. The new Huntsville
Key, SIOR and Mike Graham, SIOR all assisted in location will sell office products, supplies, and
procuring the project. services directly to businesses. Concourse
Group represented Staples while Jeff Wilke,
UNITED HEALTHCARE SERVICES, INC. CCIM, SIOR represented the landlord.
MOVING INTO 33 INVERNESS
MERCER RELOCATES HUNTSVILLE OFFICE
United Healthcare Services, Inc. is relocating from
its long time occupancy at The Colonnade to 33 Mercer and Associates, a Huntsville based
Inverness Center Drive. The United move into accounting firm, is relocating its office to 521
15,362 rsf will take place at the end of the year. Madison Street in downtown Huntsville. Mercer
Dan Lovell, SIOR of Graham & Company teamed will be subleasing a 3,295 square foot office
with Trammell Crow in the representation of United space from Wachovia Securities for the
for the six-year lease. The landlord was remainder of the Wachovia lease term. Wachovia
represented by Tynes Development. will remain the anchor tenant of the building. Bart
Smith of Graham & Company represented
ALLURIAM STONE ACQUIRES FORMER Wachovia Securities.
SHELBY STEEL FACILITY
Alluriam Stone, a manufacturer of custom stone DIRECT BUY SIGNS IN HUNTSVILLE
products in Birmingham since 1976, has purchased
the former Shelby Steel facility. This 75,800 square Direct Buy signed a 6 year lease in 7,940 sf at
foot crane-served building sits on 9.63 acres and is West Jordan Plaza. Direct Buy is a national
located at 100 Kilsby Circle in Bessemer, AL. Jack chain offering prices directly from
Brown, SIOR with Graham & Company, Inc. manufacturers. Jeremy Pope of Graham and
represented the seller and Eason, Graham & Company of Huntsville handled the transaction.
Sandner represented the purchaser. The purchase
price of the building was $1.5 million. PEOPLE IN THE NEWS
SATELLITES UNLIMITED PURCHASES Marshanne Castro, property manager for
CITATION COURT PROPERTY Huntsville, has received her Certified Property
Manager designation from IREM. The CPM
Satellites Unlimited, a leading installer of Dish designation is the industry’s premier real estate
Network satellite television systems, has purchased management credential. IREM offers the only
a 30,600 square foot office/warehouse facility comprehensive program exclusively developed
located at 138 Citation Court. Satellites Unlimited for property and asset managers working with
has 14 locations with over 300 employees located large portfolios of all property types.
in six states. Jack Brown, SIOR represented Congratulations to Marshanne for all of her hard
Satellites Unlimited and Sonny Culp, SIOR, work!
represented the seller. The purchase price was
$1.4 million.
RIVERCHASE OFFICE/WAREHOUSE FACILITY
SOLD
Graham & Company represented both the seller
and purchaser of a 6,600 sf office\warehouse
facility located at 2180 Parkway Lake Drive in
Riverchase. Gene and Janice Borgosz were the
sellers and the Alabama Broadcasters Association
was the purchaser. Sam Carroll of Graham &
Company represented both parties in this
transaction.
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