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AlbaneseCormier has acquired Valley Bend at Jones Farm in Huntsville, AL from Crawford Square Real Estate Advisors

AlbaneseCormier Acquires Popular Huntsville, AL Shopping Destination

AlbaneseCormier has acquired Valley Bend at Jones Farm in Huntsville, AL from Crawford Square Real Estate Advisors. The 430,792-square-foot shopping center includes anchor tenants HomeGoods, Dick’s Sporting Goods, Hobby Lobby, Marshalls, and PetSmart. It also features local and regional specialty retailers and restaurants, and includes 10 outparcels.

The 57.8 acre-property at 2742 Carl T. Jones Drive SE draws almost six million visitors each year.

“We are very pleased to add Valley Bend to our growing portfolio of high performing open-air centers,” said Clinton Mitchell, Chief Investment Officer. β€œThis acquisition provides an attractive mix of stable in-place cash flow with several value enhancement opportunities in one of the most dynamic and rapidly growing markets in the Southeast. It is rare to acquire a center of this scale where you can maintain site control owning all 10 outparcels, which we believe provides future mark-to market-potential and exit flexibility.”


Inside The Story

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-servivr marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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