Diversified Gas & Oil Purchases Space For New Headquarters

August 5, 2016

Reliance Financial Group has sold its former headquarters located at 1100 Corporate Drive off of Hwy 280  in Hoover. Diversified Gas & Oil purchased the 8,150-square-foot, two-story building for $1.15 million to serve as its new headquarters. John M. Hardin, CCIM, vice president of office sales and leasing, and Philip A. Currie, SIOR, CCIM, MBA, president, of J.H. Berry represented Reliance Financial in the transaction. John Hardin was recently quoted in an article by the Birmingham Business Journal regarding the transaction, stating that the low interest rates have shown a positive trend in the sale of owner-occupied buildings, especially Class A properties similar to this one. Read article.