NAI Chase Commercial Real Estate Awarded Leasing Assignment of 450,000 Sq. Ft at Inverness Center North, 40, 42, 44 Inverness Center Parkway, Birmingham, Alabama BIRMINGHAM, ALABAMA – September 1, 2022 – NAI Chase Commercial, a member of the world’s premier managed network of commercial real estate firms, are pleased to announce they have been awarded the leasing assignment at Inverness Center North, a Class A master planned development located conveniently along Highway 280 in the heart of the U.S. 280/I-459 submarket in Hoover, Alabama. “We are thrilled to be representing In-Rel Properties again and appreciate their trust and confidence they have given us over our twenty-year relationship”, said Randy Thomas Executive Vice President of Brokerage of NAI Chase Commercial. Inverness Center North’s competitive advantages include very efficient buildings with an average of 23,500 square foot rectangular floor plates providing significant space planning flexibility and easy to design daylight space environments with lake views for larger tenants, as well as build to suit smaller office spaces. The premiere location in the epicentre of the Highway 280 submarket has superior access for tenant end users. The property is positioned to offer aggressive rental rates and occupancy costs when compared to the competition. This assignment along with several other recent transactions with the In-Rel Properties client demonstrates a steady demand for commercial office space.” “We purchased Inverness Center at the right price, allowing us to pass on substantial savings to our future tenants” said Dennis Udwin, Founding Principal of In-Rel Properties. Inverness Center North consists of 450,000 square feet in three distinct buildings and offers a unique, amenity-rich, office park experience in a natural and tranquil lake setting. The property is undergoing extensive renovations with unique property features adding refreshing finishes and amenities to the buildings unlike anything in the Birmingham market. About NAI Chase Commercial NAI CHASE COMMERCIAL, an Accredited Management Organization with its professional staff of real estate brokers with offices in Huntsville and Birmingham, Alabama provides Retail Office and Industrial Commercial Property Brokerage, Leasing and Sales, Commercial Property Development, Commercial Property Management, Investment Property Brokerage, Construction Management Consulting, and Building Renovation Services. For more information on NAI Chase Commercial, please visit www.chasecommercial.com
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