Renovations Underway at 40 Inverness Center North, Birmingham, with a Strong Focus on Medical and Class A Office Tenants.

Hoover, AL September 18, 2023 – NAI Chase Commercial, a member of the world’s premier managed network of commercial real estate firms, NAI Global, announced today that the iconic Inverness Center North Building 40 is now undergoing a remarkable transformation that will solidify its place as a top choice for both office and medical tenants considering the Highway 280 market. Renovations are now officially underway, and the future tenant focus is set squarely on the medical and class-A office Tenants. Renovations accommodating healthcare users allowing for easy accessibility will transform Building 40 into a state-of-the-art healthcare facility serving the city and its residents.

“We are delighted to have signed a 10,000 SF ten-year lease with Pulmonary Associates of the Southeast, PC, along with several other new medical-focused pending tenants at 40 Inverness”, said Randy Thomas, Executive Vice President-Brokerage of NAI Chase Commercial. “This lease represents an exciting shift towards a medical-focused building within Inverness Center North’s award-winning suburban office park. With its strategic location minutes from Grandview Hospital yet set in a quiet park-like setting located on Memorial Lake, it’s poised to become a hub for other cutting-edge medical services wanting a convenient location at affordable medical office rates”.

“It’s great to see the office and medical market moving back towards stronger activity”. This lease is the latest of several recent major transactions NAI Chase Commercial has represented in the Birmingham region, demonstrating a steady demand for commercial office and medical space”.

Key Renovation Highlights Include:

Modernization of building facilities, Build-to-suit medical suites, available spaces for diagnostic and imaging centers, Wellness and Rehabilitation opportunities, Patient centered design with the construction of convenient patient pick-up and drop-off apron located at the front doors.

As the renovations continue to progress, more details about the exciting developments at 40 Inverness Center North will be unveiled in the coming months.

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

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America, Europe, Africa, and Asia Pacific, with over 6,000 local market professionals, managing more than over 1.15 billion square feet of property. Annually, NAI Global completes more than $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com