Real estate investors are interested in adaptive reuse for a host of reasons including tax incentives.

The program was initially launched in 2016.

The property is 99.68% leased.

The building is already fully leased to four tenants.

The platform seeks to improve the transaction process within the middle market

The two-portfolio offering is currently the largest in Alabama.

“Ground leases are a relatively big idea where the markets rewards investors who are efficient with their capital.”

The new ownership will renovate the interior and exterior features of the property.