PointOne Holdings, in a joint venture with Adler Kawa Real Estate Advisors(“AKREA”) acquired Riverchase Center in Birmingham, Alabama. The single story office complex encompasses 306,725 square feet of office space containing a dynamic, diversified, and nationally recognized tenant roster. Riverchase Center is located in Hoover/Riverchase, one of Birmingham’s most prestigious submarkets and within the sought-after Riverchase master-planned commercial park development which includes high-caliber corporate tenants like ATT, Blue Cross Blue Shield, and Regions Bank.
The property enjoys superior access along Interstates I-459 and I-65 and is approximately 20 minutes south of downtown Birmingham. Riverchase Center is comprised of eight single story buildings currently occupied at 89% by nationally recognized tenants such as Frito-Lay, Progressive Insurance, Walgreens, BioHorizons Implant Systems, Gentiva Health Services, WideOrbit Inc and others.