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Capital Pacific Sells Trophy Class A Office Building in Alabama

Marking its third sale in the state of Alabama in the month of August, Capital Pacific successfully brokered the sale of the CSC building, a pride of ownership, 6-story Class A office building located in the impressive new Bridge Street Town Centre development in Huntsville. Leased in its entirety to Computer Sciences Corporation through 2014, the relative short term nature of the lease proved to be the biggest challenge in terms of sourcing a buyer. Ultimately an institutional purchaser with extensive experience and resources in the office sector was chosen, and escrow closed approximately 70 days thereafter.


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