Harbert Retail’s Casey Howard and Lacey Scott represented the landlord and tenant in a 23,743 SF, 10-year deal bringing a State of Alabama Department to 801 Tom Martin Drive, Birmingham, Alabama. The property is centrally located in Oxmoor Valley near retail, restaurants and major transportation arteries. State of Alabama will be joining another recently signed tenant at the property, Kratos SRE, an advanced concept group within the Defense & Rocket Support Services (KDRSS) Division of Kratos Defense & Security Systems, Inc. Kratos is a technology company in the defense, national security and global markets who develops and fields systems, platforms and products for national security and communications needs. Only 21,457 SF remain available at the building and Harbert stated that they expect to finalize a lease for this remaining space in the coming few weeks.
Howard stated, “The Lakeshore Parkway & Oxmoor areas of Birmingham are attracting significant business investments and we’re excited to be a small part of that growth. Large companies that include FedEx, Buffalo Rock, Consolidated Pipe & Supply and Kroger have come into this submarket creating hundreds of jobs in technology, operations, healthcare, logistics and customer service, enhancing the technological landscape of the area and contributing to Birmingham’s broader economic and technological growth. We have had strong interest from several large companies in leasing this property and are looking forward to announcing additional new tenants soon.”
For more information on 801 Tom Martin Drive, visit the link: https://www.harbertrealty.com/wp-content/uploads/2024/12/2024-12-801-Tom-Martin-Drive.pdf