The Offering
Cushman & Wakefield, Inc. (“C&W”), in conjunction with EGS Commercial Real Estate, has been retained by Regions Bank as their exclusive Agent & Advisor in the sale of their corporate-owned campus located at 201 Milan Parkway, Birmingham, Alabama. The Class A office building is a thoughtfully designed 3-story structure, that offers efficient floorplates and is situated on a secure 55-acre campus. The 201 Milan Parkway campus offers exceptional value, is available for immediate occupancy and presents an outstanding acquisition opportunity for either an Owner/User or Value Add Investor. The campus provides an Owner/User immediate occupancy at a desirable cost basis with room for future expansion on the campus. Value Add Investors have the opportunity to reposition the property to a single/multi-tenant investment property that will allow for the ability to transform the campus to a variety of uses including a health/life science use.
The property is offered to the market with an asking price of $22,200,000 ($75.00/sf).
Acquisition Highlights
- Premier high-quality Class A office campus ideal for an Owner/User as a HQ location
- Exceptional value with the ability to acquire the property at a substantial discount to replacement cost
- Ideal HQ location for an Owner/User to acquire & immediately occupy ±296,438 sf situated on ±55 acres
- Opportunity to monetize the ±20 acres of undeveloped land via development and/or disposition
For more information please contact the Cushman & Wakefield / EGS Commercial Real Estate team:
Brad Rogers
Executive Director
License #01193276
+1 408 572 4167
[email protected]
William Pradat, Jr., SIOR
President
EGS Commercial Real Estate
+1 205 314 5526
[email protected]
Rick Ingwers
Vice Chairman
License #01472101
+1 925 951 5022
[email protected]
