Harbert Realty Services will lease and manage Renasant Place after the downtown building’s new owners renovate it.
Eightfold Real Estate Capital and Cicada Capital Partners acquired the 15-story office tower in June and plan $5 million in capital improvements that will include lobby improvements, outside seating, tenant recreations areas for group gatherings, upgraded conference and training centers, updated fitness facility and more, according to a release from Harbert.
The new owner will also replace the building’s roof and automate the building’s parking deck, Harbert said.
“The new Renasant Place owner is well capitalized and eager to complete leases with companies who want to locate to and maintain a presence” in Birmingham’s Central Business District, said West Harris, executive vice president at Harbert Realty. “The new building standard finishes for tenant spaces will be modern in design with a focus on capturing natural light from the larger windows in the building.”
Founded in 1983 and headquartered in Birmingham, Harbert Realty Services has offices in Atlanta, Orlando and Jacksonville, as well.