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.
Project Overview
- 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.