HUNTSVILLE, AL | January 24, 2019 – FiberRise, an engineering and software company specializing in the planning, integration, and implementation of broadband networks, has leased approximately 9,500 square feet in 4000 Market Street, a 36,000 square foot building developed and recently opened at Redstone Gateway, a class-A, mixed-use project just outside Redstone Arsenal’s Gate 9. FiberRise plans to occupy their new space by June of 2019, and to host a ribbon cutting ceremony soon thereafter.
“We are excited to consolidate our talented workforce into our new space in Redstone Gateway, where employees can walk to lunch or take a break to enjoy the park’s walking trails,” stated Noah Southerland, Chief Operating Officer of FiberRise. Corporate Office Properties Trust, or “COPT,” and its joint venture partner, Jim Wilson & Associates (“JWA”) are developing Redstone Gateway. COPT’s Chief Operating Officer, Paul Adkins, stated, “COPT is thrilled to welcome FiberRise as a tenant to our newest developments at Redstone Gateway. FiberRise adds to our roster of tech and defense contractor tenants who find the location and amenities of Redstone Gateway a perfect fit for their business.”
About FiberRise: FiberRise serves electrical cooperatives and investor-owned utilities with the service and support needed to manage fiber projects from feasibility studies to everyday operation. By helping to make broadband affordable and accessible to all, FiberRise continues to improve the quality of life for rural America. FiberRise currently serves electric cooperatives in Tennessee, Alabama, Mississippi, Georgia, South Carolina, North Carolina, and Kentucky. For more information, please see www.fiber-rise.com.
About Redstone Gateway: Redstone Gateway is a mixed-use development along Rideout Road, adjacent to Redstone Arsenal. The commercial segment open to the public is just north of Gate 9, on the west side of Rideout Road. Ultimately, this class-A office park will contain 4.6 million square foot of commercial office space supported by retail and restaurant amenities, and two full-service hotels. Currently the park consists of five class-A buildings totaling 495,000 square foot that are 100% occupied. Recently developed by COPT and JWA, buildings 4000 and 4100 Market Street contain 79,000 square foot that are approximately 65% leased. The park’s current amenities include a 120-room Marriott Towneplace Suites hotel and The Shops at Redstone Gateway–19,200 square feet of retail space, including three restaurants and conference center space. For more information, please refer to www.RedstoneGateway.com.
About COPT: COPT is a publicly traded real estate company that specializes in developing and operating office buildings in locations that support the United States Government and its defense contractors. For more information, please refer to www.copt.com.
This article was written by Special to AL.com for the al.com website. The original article can be found at the following website.