CRE Town-hall - Financing Updates & Opening Businesses Up? ? ?

Our next installment is scheduled for this Thursday, April 23rd @3:00 PM Central

Our featured speaker will be Patrick Fleming Vice President from Progress Bank in Huntsville

Updates COVID-19 & Uncertainty in Bank Financing

> How is the current climate affecting the financing of new deals

> Valuation of current cash flow & properties

> Rates, Terms & Timing, Loan to Value & Debt Coverage Requirements  

> What are the possible longer terms effects from the virus and what we might see

Other Topics to be discussed

Scammers - Be aware when receiving requests/follow-ups on SBA loans applications 

Current Feedback from Owners, Clients & Tenants

"Opening Back-up"  What does this look like and what are the potential adjustments to CAP & rental rates?

We look forward to "seeing" you on Thursday @3:00 PM Central - please share with anyone that you think might be interested 

You must preregister to attend this zoom meeting - Click the link to preregister - once registered you will receive an email with details to join the meeting

Thanks Jed & Nick 

Nick DeMarte nick@parkprops.com 256-763-0867

Jed Park jed@parkprops.com 256-426-3777

New Lease Negotiation by Park Properties!

Park Properties just negotiated a new 10 year lease with Sequel Family Services at their Hamer Road location in Owens Crossroads.  It is a true triple net lease with no landlord responsibilities.  

Park Properties will be listing this property for sale soon.  

Under Contract...

Under Contract...Park Properties is pleased to announce that we have negotiated the sale of this great office building in Huntsville - Call us today if you're looking to purchase or sell commercial real estate....

Jed Park 256-426-3777
Nick DeMarte 256-763-0867

Our Expert Team Solves Problems & Meets Our Clients Real Estate Goals

For Lease - 32,961 sf in Cummings Research Park

For Lease

690 Discovery Drive NW

Cummings Research Park - Huntsville

Office - Manufacturing - Industrial Space 

+/- 32,961 sf of Mixed-Use Space on 9.72 Acres

    

Building A contains 6,374 sf office space with multiple offices, conference rooms, breakroom, reception area, and restrooms 

Building B contains 19,823 sf of office and manufacturing use with both low & high bay space, +/- 3,840 sf of office area with several offices, conference room, breakroom, & restrooms.  6,000 sf of the manufacturing space is hi-bay space with 25’ clear ceiling and a 20 X 24 rollup door, 3 phase power, and the entire space is heated and cooled 

Building C, 6,764 sf manufacturing/warehouse space with 20’ clear span with 3 exterior rollup doors, Approximately 50% has gas heat & 50% is centrally heated and cooled, 3 phase power 

     

Asking $12 sf Office $8 sf Manufacturing - Modified Gross

Research Park West is part of the Cummings Research Park and is the second-largest research park in the country and the fourth largest in the world.  It is one of the world’s leading science and technology business parks, with a mixture of Fortune 500 companies, local and international high-tech enterprises, U.S. space and defense agencies, thriving business incubators and competitive higher-education institutions. 

Click the link for additional information, floorplans, and details....

Additional questions? Contact Nick DeMarte 256-763-0867 nick@parkprops.com

Our Expert Team Solves Problems & Meets Our Clients Real Estate Goals

Huntsville Business to Business

Networking without Rules 

The next installment of Networking without Rules is scheduled for next week.

Come and go as you please & bring business cards 

Thursday, February 20th - 5:30 pm - 7:00 pm

Straight to Ale 2610 Clinton Ave W, Huntsville, AL*

Meetup on the back patio

Everyone is welcome to attend

• No Rules, No Fees, No Dues
• No pressure atmosphere
• Say YES to growing your business & network

Click here to RSVP 

Or visit our new Facebook Group Page

Networking Facebook Group

Share with a friend & invite them along...

Networking without Rules

Building relationships the best way possible Face to Face

Events are organized by Nick DeMarte of Park Properties, if you have any questions please call
256-763-0867 - I hope to see you there...

*Guests are responsible for purchasing their beverages and food

New Signed Lease!

Park Properties just signed a lease with Bennie Daniel for space at 2309 Triana Blvd.  "Daniel" plans to run his expanding landscaping business from this location! It's near the Stovehouse/Lowe Mill/Campus 805 area. West Huntsville is seeing a tremendous resurgence!

Business Networking - Thursday January 16th Huntsville

Huntsville Business to Business

Networking without Rules 

I hope you enjoy the holidays are recharged and ready to hit the road running - The 1st installment of Networking without Rules is scheduled for next week.

Come and go as you please & bring business cards 

Thursday, January 16th - 5:30 pm - 7:00 pm

Straight to Ale 2610 Clinton Ave W, Huntsville, AL*

Meetup on the back patio

Everyone is welcome to attend

• No Rules, No Fees, No Dues
• No pressure atmosphere
• Say YES to growing your business & network

Click here to RSVP 

Or visit our new Facebook Group Page

Networking Facebook Group

Share with a friend & invite them along...

Networking without Rules

Building relationships the best way possible Face to Face

Events are organized by Nick DeMarte of Park Properties, if you have any questions please call
256-763-0867 - I hope to see you there...

*Guests are responsible for purchasing their beverages and food