NAI Chase Commercial represented the sale of Creekside, a 71,200-square-foot multi-tenant office/retail complex at Bob Wallace Avenue in Huntsville. The complex had been owned by Southern States Leasing Co. and was sold to Creekside HSV LLC.
“A local investor purchased Creekside as a value-add property with a strong rent roll and excellent upside potential. This sale is just one of several recent major transactions we’ve represented in Huntsville and the greater Alabama market,” said Ashley Farrell of NAI Chase Commercial.
Located less than a half-mile from Whole Foods and other shops, Creekside consists of five multi-tenant commercial buildings, along with a parking pad on over 6 acres. The property offers retail, office, an office with warehouse space and some units including a garage door on grade.
NAI Chase Commercial is an office of NAI Global, a global commercial real estate brokerage firm. NAI Chase has offices in Huntsville and Birmingham and provides brokerage, leasing and sales, commercial property development and management, investment property brokerage, construction management consulting and building renovation services.