Former Chase Bays Warehouse in Trussville Sells for $4M+ 

SPOC Automation purchased a 50,600 square-foot industrial warehouse space at 7574 Commerce Circle in Trussville, Alabama, from Trussville Worldwide on April 13. The warehouse sold for $4,727,000. This space will become another warehouse for SPOC Automation. 

“Initially, I had no intention to sell, but we wanted to see what the warehouse was valued at if we listed it. I received an offer with a gain I couldn’t refuse,” said Chase McMaster. Chase Bays designs and manufactures High-End Fluid Transfer Products for the aftermarket automotive industry. These products are designed to increase performance and aesthetics while saving weight and space. 

Chase McMaster of Chase Bays sold this warehouse in order to develop a smaller warehouse and also to develop a racetrack where he can test his auto products on cars. Selling allows him to invest in his business, Chase Bays, without having to give any of the business away. 

Chase Bays is relocating to Sloss Docks, a redevelopment project directly across from Sloss Furnaces. Sloss Docks is located along 1st Avenue North near several other mixed-used redevelopment projects in Pepper Place and Avondale. It will occupy 26,658 square-feet inside of Bay E, located at 1^st Ave N, Birmingham, AL 35222. 

“Sloss Docks is a great building that matches our desired look. It is in a better area than we’ve been in the past. It reduced down to; if we’re going to Birmingham, we’d make it a great area and great building,” said Chase McMaster.  

The offices will be renovated. This new location will be a very aesthetically pleasing place to work that Chase Bays can enjoy and grow into. 

Bart Moore and Robert Crook of Ironvest Partners represented the seller in this transaction. Matthew Day of Alon, LLC represented the buyer in this transaction.