This is a 65,000 SF neighborhood center on Montevallo Road. Lead tenants are CVS, Tuesday Morning, and Shangri-La Chinese restaurant. Bob Vines has been named leasing agent. A new Arby s is entering the Riverchase Market. Arby s Restaurants purchased an acre of land at the intersection of Valleydale Road and I-65.
Construction is well underway with a plan to open in two months.
Bill McDavid, CCIM, represented the Seller in the transaction. This deal involved a sale, sublease and new lease with an option to purchase. This 310,000 square foot Class A Office Building is scheduled to be available for tenant improvement construction in May 2002. Broker Elected to Planning Commission Greg Despinakis, Broker, has been elected to his 3rd term as Chairman of the Birmingham Planning Commission. The Birmingham Planning Commission is the official planning agency of the City of Birmingham.