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Case Studies

Cottondale Warehouse Rehab – Transforming a Foreclosed Property into a Thriving E-Commerce Hub

Project Overview

Right Space Commercial identified a unique opportunity to revitalize a neglected warehouse in Cottondale, AL. The property, foreclosed by Synovus Bank in 2019, was in poor condition and struggled to attract tenants. By leveraging our in-house construction team, we transformed the space into a highly desirable, climate-controlled e-commerce distribution facility, ultimately securing Jennaration Boutique as the buyer.

Highlights

  • Client: Synovus Bank (Seller) → Right Space Commercial (Owner) → Jennaration Boutique (Buyer)
  • Location: 2401 Clements Road, Cottondale, AL 35453
  • Property Type & Price: Warehouse | Final Sale Price: $899,900
  • Project Duration: 18 months
  • Broker: Richard Henry
  • Special Features: Warehouse Conversion for E-Commerce Distribution
  • Negotiation Highlights: Allowed the buyer time to evaluate improvements and close after their peak Black Friday sales weekend

Challenges & Market Conditions

Challenges

  • Foreclosure & Condition Issues – The property had been foreclosed on and was in poor condition, filled with old tires and crates from a closed trucking company.
  • Pandemic Market Challenges – The seller was motivated to sell quickly during the uncertainty of the COVID-19 pandemic.
  • Buyer’s Requirements – Jennaration Boutique needed a fully climate-controlled facility to expand their e-commerce operations.

Our Solution

  • Property Rehabilitation – We upgraded the exterior, removed all old contents, replaced lighting, repaired roll-up doors, and deep cleaned the building.
  • Flexible Sale Terms – We provided the buyer time to assess insulation and HVAC improvements, allowing them to close after their busiest sales period.
  • Strategic Marketing & Brokerage – We positioned the property effectively within our network, securing an ideal buyer who could maximize the warehouse’s potential.

The Result

  •  We transform underutilized properties into high-value assets.
  • Our in-house construction team executes cost-effective improvements.
  • We structure flexible deals to ensure a smooth transaction for all parties.
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Looking For Innovative Commercial Real Estate Solutions? Contact Right Space Commercial today and let us help you maximize your property’s potential!