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May 31, 2024
FOUNDERS PROPERTIES ACQUIRES INDUSTRIAL WAREHOUSE IN ALABAMA GROWTH MARKET
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Founders Properties, a private real estate investment management company focused exclusively on industrial property investments, acquired Huntsville Crossroads II, a 234,194 SF Class A warehouse in Huntsville, AL, that is fully leased to two tenants.
Huntsville Crossroad II is strategically located at the intersection of I-65 and I-565, providing exceptional access to Huntsville’s key demand drivers. It is positioned within a thriving industrial hub, just four miles from the Port of Huntsville, which includes the Huntsville International Intermodal Center and Huntsville International Airport.
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The Huntsville Industrial Market has experienced exceptional growth in recent years. The region attracts a diverse range of logistics, automotive, defense, and aerospace companies, drawn by its robust labor force and strategic geographic advantages..