National Automotive Service Company Acquires Former CVS Distribution Center
BESSEMER, Ala. – Shannon Waltchack Broker Seth Berry, SIOR represented Southern Tire Mart in their recent purchase of 2600 Morgan Road, a 469,200 SF industrial distribution facility in Bessemer, AL. The seller, CVS Pharmacy, Inc., was represented by Cushman and Wakefield.
“It has been a pleasure working with Southern Tire Mart to acquire this pinnacle property for their portfolio. This location will further solidify their ability to continue operating as the leader in the tire industry throughout the nation,” said Berry.
This site is well-known due to it’s prominent visibility from I-459 at the Morgan Road Exit.
“Southern Tire Mart looks forward to being in this location to serve the consumer and commercial customers of the Birmingham area. This is an irreplaceable location that sets STM up well to to serve the Birmingham community for years to come,” said David Tolbert of Southern Tire Mart.
Southern Tire Mart is the leading consumer and commercial tire and service provider nationwide, providing retail, service and distribution needs with over 214 locations.
Contact
Suzanne Echols, Marketing Director
205-868-3807 | se@shanwalt.com
About Shannon Waltchack
As a vertically-integrated commercial real estate operator, Shannon Waltchack manages, brokers, develops, and acquires property across the Southeast and beyond. Since its inception in 2005, Shannon Waltchack has closed more than $2 billion in real estate transactions and manages a diverse portfolio that includes more than 100 properties spanning eight states and over 3.4 million square feet. For more information, please visit shanwalt.com. Shannon Waltchack is a member of TCN Worldwide, a global network of independent commercial real estate firms with offices throughout the United States and abroad. This affiliation allows us to utilize a network of global resources, including an on-the-ground presence and research analytics in more than 200 different markets including over 1500 brokers.