The Grand (Formerly Grandview II) Now Leased to 99%

OB-GYN office moving to 280 corridor, plans $1.6M renovation The Grand, formerly Grandview II

By Samuel Stettheimer – Commercial Real Estate Reporter, Birmingham Business Journal

A health care practice at Ascension St. Vincent’s OBGYN is moving to the Grandview
Medical Center complex.

Birmingham OBGYN will move its main practice from the Ascension St. Vincent’s Birmingham campus to an office at 3595 Grandview Parkway, leasing the entire third floor of an office building named The Grand that sits just off U.S. 280.

Richard Tidwell of Vulcan Realty represented Birmingham OBGYN in the lease deal, and Sam Carroll, senior vice president of Graham & Co., represented the owner of The Grand, Grandview Holdings LLC.

“The recent capital investment made by the ownership group to renovate all of the building’s common areas and to rebrand the building were tremendous benefits in helping secure Birmingham OBGYN as a tenant. The building is now well positioned from an occupancy/tenant standpoint for the foreseeable Future.”

Sam Carroll
Sr VP Graham&Co

Birmingham OBGYN’s current main office is about 15,000 square feet, according to CEO David Carmichael. The new office will house a clinical area with additional exam rooms, labs, physician offices and a new wellness center. Birmingham OBGYN plans to move by Jan. 1 and will budget roughly $1.6 million for the lease, move and tenant build-out.

With this latest deal, Carroll and Graham & Co. Vice President Matt Gilchrist have leased The Grand’s 150,000 square feet to 99% occupancy. Carroll told the BBJ the company recently leased 2,333 square feet to XS Brokers Insurance Agency Inc. and 3,177 SF to Vera Ventures.

See the full article on the BBJ.