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Page 1 8/17/2018 310 Bridge St - The Offices at Bridge Street Huntsville, AL 35806 - Cummings Research Park Submarket CRP West BUILDING Type: Class A Office Tenancy: Multiple Year Built: 2008 RBA: 139,840 SF Floors: 6 Typical Floor: 23,000 SF Construction: Steel LAND Land Area: 0.57 AC Zoning: RPC- Research PaEXPENSES PER SF Taxes: $1.58 (2017) Opex: $3.02 (2012) PARCEL 17-03-06-0-000-015.013 AMENITIES Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available; 6.5% Vacant Leasing Company: Colliers International Contacts: Kyle Collins (256) 533-0035 AVAILABLE SPACES Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term P 3rd 320 Office Relet 2,763 2,763 2,763 $24.00/FS Vacant Negotiable Colliers International - Kyle Collins (256) 533-0035 P 4th 450 Office Relet 6,286 6,286 6,286 $24.00/FS Vacant Negotiable Colliers International - Kyle Collins (256) 533-0035 SALE Last Sale: Sold on Aug 9, 2011 for $33,412,500 ($238.93/SF) at 8.50% Cap Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

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Page 1: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 1

8/17/2018

310 Bridge St - The Offices at Bridge StreetHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class A Office

Tenancy: Multiple

Year Built: 2008

RBA: 139,840 SF

Floors: 6

Typical Floor: 23,000 SF

Construction: Steel

LANDLand Area: 0.57 AC

Zoning: RPC- Research Pa…

EXPENSES PER SFTaxes: $1.58 (2017)

Opex: $3.02 (2012)

PARCEL

17-03-06-0-000-015.013

AMENITIES

Controlled Access, Energy Star Labeled

LEASINGAvailable Spaces: 2,763 - 6,286 SF Available in 2 Spaces

Availability: 6.5% Available; 6.5% Vacant

Leasing Company:Colliers International

Contacts: Kyle Collins (256) 533-0035

AVAILABLE SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 3rd 320 Office Relet 2,763 2,763 2,763 $24.00/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

P 4th 450 Office Relet 6,286 6,286 6,286 $24.00/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

SALELast Sale: Sold on Aug 9, 2011 for $33,412,500 ($238.93/SF) at 8.50% Cap

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 2: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 2

8/17/2018

310 Bridge St - The Offices at Bridge StreetHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

TRANSPORTATIONParking: 348 free Surface Spaces are available; Ratio of 2.51/1,000 SF

Airport: 15 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Somewhat Walkable (56)

Transit Score ®: Minimal Transit (15)

PROPERTY CONTACTSTrue Owner: Corporate Office Properties Trust Recorded Owner: Copt Bridge Street Office

Prior True Owner: O & S Holdings LLC Property Manager: Corporate Office Properties Trust

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 3: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 3

8/17/2018

555 Discovery DrHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class C Office

Year Built: 1987

RBA: 62,000 SF

Floors: 1

Typical Floor: 62,000 SF

LANDLand Area: 11.00 AC

Zoning: CRP West

EXPENSES PER SFTaxes: $0.76 (2017)

PARCEL

15-07-36-0-000-020.000

LEASINGAvailable Spaces: 14,500 - 35,700 SF Available in 2 Spaces

Availability: 57.6% Available; 23.4% Vacant

Leasing Company:Samples Properties, Inc.

Contacts: Michael Samples (256) 532-1249

AVAILABLE SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Relet 14,500 35,700 35,700 Withheld Vacant NegotiableSamples Properties, Inc. - Michael Samples (256) 532-1249

P 1st Office Relet 21,200 35,700 35,700 Withheld 30 Days NegotiableSamples Properties, Inc. - Michael Samples (256) 532-1249

TRANSPORTATIONParking: 356 Surface Spaces are available; Ratio of 5.74/1,000 SF

Airport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (12)

Transit Score ®: Minimal Transit (14)

PROPERTY CONTACTSRecorded Owner: Explorer Development Burnitt Property Ta

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 4: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 4

8/17/2018

650 Discovery Dr - 650 Discovery DriveHuntsville, AL 35805 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class B Office

Year Built: 1987

RBA: 36,660 SF

Floors: 2

Typical Floor: 18,330 SF

LANDLand Area: 11.71 AC

Zoning: Research Park

EXPENSES PER SFTaxes: $1.05 (2017)

PARCEL

14-09-31-0-000-047.000

LEASINGAvailable Spaces: 36,660 SF Available in 1 Space

Availability: 100% Available; 100% Vacant

Leasing Company:John Blue Realty

Contacts: John W. Blue (256) 705-5475 X1115, Tamara French (256) 679-3612

AVAILABLE SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

E 1st Office Relet 36,660 36,660 36,660 $14.00/MG Vacant NegotiableJohn Blue Realty - John W. Blue (256) 705-5475 X1115, Tamara French (256) 679-3612

TRANSPORTATIONParking: Ratio of 0.00/1,000 SF

Airport: 17 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (10)

Transit Score ®: Minimal Transit (17)

PROPERTY CONTACTSTrue Owner: William H Stender Recorded Owner: Discovery Leasing Llc

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 5: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 5

8/17/2018

620 Discovery Dr NW - Lakeside Office CenterHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class A Office

Tenancy: Multiple

Year Built: 1989; Renov 2007

RBA: 122,000 SF

Floors: 3

Typical Floor: 40,667 SF

Construction: Masonry

LANDLand Area: 10.76 AC

EXPENSES PER SFTaxes: $0.50 (2008)

PARCEL

14-09-31-0-000-045.000

AMENITIES

Controlled Access, Mezzanine, On Site Management

LEASINGAvailable Spaces: 3,177 - 6,686 SF Available in 3 Spaces

Availability: 10.8% Available; 8.1% Vacant

Leasing Company:Colliers International

Contacts: Kyle Collins (256) 533-0035

AVAILABLE SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Bldg 1-140Office Relet 3,286 3,286 3,286 $18.75/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

P 3rd Bldg2 300Office Relet 6,686 6,686 6,686 $18.75/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

P 3rd Bldg2 325Office Relet 3,177 3,177 3,177 $18.75/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

SALELast Sale: Portfolio of 15 Properties in Huntsville, AL Sold on Jan 3, 2013 for $20,600,000 ($129.82/SF)

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 6: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 6

8/17/2018

620 Discovery Dr NW - Lakeside Office CenterHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

TRANSPORTATIONParking: 405 free Surface Spaces are available; Ratio of 3.32/1,000 SF

Airport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (8)

Transit Score ®: Minimal Transit (16)

PROPERTY CONTACTSTrue Owner: Bluerock Real Estate, LLC Recorded Owner: Huntsville Nyl Llc

Prior True Owner: Mid-America Apartments, Inc.

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 7: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 7

8/17/2018

655 Discovery Dr NW - Discovery Center IIIHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class B Office Co…

Tenancy: Multiple

Year Built: 1991

RBA: 92,108 SF

Floors: 3

Typical Floor: 30,702 SF

Construction: Masonry

LANDLand Area: 11.00 AC

Zoning: Research Park West

EXPENSES PER SFTaxes: $101.12 (2011)

PARCEL

14-09-31-0-000-039.000

AMENITIES

24 Hour Availability, Conferencing Facility, Controlled Access

LEASINGAvailable Spaces: 17,000 SF Available in 1 Space

Availability: 18.5% Available; 0% Vacant

Leasing Company:Samples Properties, Inc.

Contacts: Michael Samples (256) 532-1249

AVAILABLE SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 2nd Office Relet 17,000 17,000 17,000 Withheld Negotiable NegotiableSamples Properties, Inc. - Michael Samples (256) 532-1249

TRANSPORTATIONParking: 285 free Surface Spaces are available; Ratio of 3.09/1,000 SF

Airport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (24)

Transit Score ®: Minimal Transit (17)

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 8: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 8

8/17/2018

655 Discovery Dr NW - Discovery Center IIIHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

PROPERTY CONTACTSTrue Owner: Samples Properties, Inc. Recorded Owner: Discovery Center Ii Llc

Property Manager: Samples Properties, Inc.

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 9: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 9

8/17/2018

6700 Odyssey Dr - Park PlaceHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1989

RBA: 34,746 SF

Floors: 3

Typical Floor: 11,582 SF

Construction: Reinforced Concrete

LANDLand Area: 5.99 AC

Zoning: Commercial

EXPENSES PER SFTaxes: $2.01 (2009)

Opex: $14.04 (2007)

PARCEL

17-03-06-0-000-002.000

LEASINGAvailable Spaces: 2,500 - 5,000 SF Available in 1 Space

Availability: 14.4% Available; 0% Vacant

Leasing Company:NAI Chase Commercial Realty, Inc.

Contacts: Charles E. Grelier, Jr. (256) 319-3504, Randy Thomas (256) 539-1686

AVAILABLE SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st 6700 Office Relet 2,500 - 5,000 5,000 5,000 $17.50/FS Negotiable NegotiableNAI Chase Commercial Realty, Inc. - Randy Thomas (256) 539-1686

TRANSPORTATIONParking: 88 free Surface Spaces are available; Ratio of 4.00/1,000 SF

Airport: 13 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (4)

Transit Score ®: Minimal Transit (13)

PROPERTY CONTACTSTrue Owner: RE/MAX Distinctive Recorded Owner: FHG Park Place Associates, LLC

Prior True Owner: Madison County Tax Assessor Property Manager: NAI Chase Commercial Realty, Inc.

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 10: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 10

8/17/2018

6703 Odyssey Dr NW - Park PlaceHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 1988

RBA: 41,676 SF

Floors: 3

Typical Floor: 15,786 SF

Construction: Reinforced Concrete

LANDLand Area: 6.99 AC

EXPENSES PER SFTaxes: $165.96 (2011)

PARCEL

17-03-06-0-000-002.000

LEASINGAvailable Spaces: 2,500 - 5,000 SF Available in 1 Space

Availability: 12.0% Available; 12.0% Vacant

Leasing Company:NAI Chase Commercial Realty, Inc.

Contacts: Charles E. Grelier, Jr. (256) 319-3504, Randy Thomas (256) 539-1686

AVAILABLE SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Relet 2,500 - 5,000 5,000 5,000 $17.50/FS Vacant NegotiableNAI Chase Commercial Realty, Inc. - Charles E. Grelier, Jr. (256) 319-3504, Randy Thomas (256) 539-1686

TRANSPORTATIONParking: 142 free Surface Spaces are available; Ratio of 3.41/1,000 SF

Airport: 13 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (4)

Transit Score ®: Minimal Transit (13)

PROPERTY CONTACTSTrue Owner: RE/MAX Distinctive Prior True Owner: NAI Chase Commercial Realty, Inc.

Property Manager: NAI Chase Commercial Realty, Inc.

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 11: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 11

8/17/2018

340 The Bridge St - Bridge Street Town CentreHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Retail

Subtype: Storefront Retail/O…

Center Type: Regional Mall

Tenancy: Multiple

Year Built: 2007

GLA: 30,858 SF

Floors: 2

Typical Floor: 15,429 SF

Docks: None

Construction: Masonry

LANDLand Area: 8.50 AC

EXPENSES PER SFTaxes: $8.32 (2009)

PARCEL

17-03-06-0-000-015.014

AMENITIES

Dedicated Turn Lane, Freeway Visibility, Signalized Intersection

LEASINGAvailable Spaces: 1,587 - 10,137 SF Available in 2 Spaces

Availability: 38.0% Available; 38.0% Vacant

Leasing Company:Colliers International

Contacts: Kyle Collins (256) 533-0035

AVAILABLE SPACES

Floor Suite Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st 109 Office Relet 10,137 10,137 10,137 $22.00/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

P 2nd 211 Office Relet 1,587 1,587 1,587 $22.00/FS Vacant NegotiableColliers International - Kyle Collins (256) 533-0035

SALELast Sale: Portfolio of 5 Retail Properties in Huntsville, AL Sold on May 7, 2012 for $207,000,000 ($837.70/SF)

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 12: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 12

8/17/2018

340 The Bridge St - Bridge Street Town CentreHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

TRAFFIC & FRONTAGE

Made with TrafficMetrix® Products

Traffic Volume: 62,580 on Rideout Rd NW & Old Madison Pike NW (2017)

22,000 on Old Madison Pike NW & Hwy 20 (2017)

Frontage: 465' on Research Park Blvd (with 1 curb cut)

TRANSPORTATIONParking: 340 free Surface Spaces are available; Ratio of 10.00/1,000 SF

Airport: 16 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Somewhat Walkable (50)

Transit Score ®: Minimal Transit (15)

PROPERTY CONTACTSTrue Owner: Miller Capital Advisory, Inc. True Owner: CalPERS

Recorded Owner: IMI Huntsville Prior True Owner: O & S Holdings LLC

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 13: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 13

8/17/2018

300 A Voyager WayHuntsville, AL 35806 - Cummings Research Park Submarket

CRP West

BUILDINGType: Class B Office

Tenancy: Multiple

Year Built: 2003

RBA: 40,000 SF

Floors: 3

Typical Floor: 20,000 SF

Construction: Masonry

LANDLand Area: 6.20 AC

EXPENSES PER SFTaxes: $0.61 (2009)

PARCEL

17-03-06-0-000-015.001

LEASINGAvailable Spaces: 9,200 SF Available in 1 Space

Availability: 23.0% Available; 23.0% Vacant

Leasing Company:Samples Properties, Inc.

Contacts: Gripp Luther (256) 533-0003

AVAILABLE SPACES

Floor Use Type SF Avail Flr Contig Bldg Contig Rent Occupancy Term

P 1st Office Relet 9,200 9,200 9,200 $16.50/+CHAR Vacant NegotiableSamples Properties, Inc. - Gripp Luther (256) 533-0003

TRANSPORTATIONParking: 350 free Surface Spaces are available; Ratio of 5.96/1,000 SF

Airport: 14 minute drive to Huntsville International-Carl T. Jones Field Airport

Walk Score ®: Car-Dependent (34)

Transit Score ®: Minimal Transit (15)

PROPERTY CONTACTSRecorded Owner: Industrial Development Board Of The City

Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.

Page 14: CRP West - Cummings Research Park · 2020. 5. 18. · Controlled Access, Energy Star Labeled LEASING Available Spaces: 2,763 - 6,286 SF Available in 2 Spaces Availability: 6.5% Available;

Page 14

8/17/2018Copyrighted report licensed to Huntsville/Madison County Chamber - 983304.