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Real estate firm buys Home Builders Association’s office

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A real estate transaction set to close Oct. 31 is behind the Home Builders Association of Greater Springfield’s planned move to temporary digs at Liberty Bank.

Jim and Becky Todd, who opened real estate brokerage firm Family & Friends Realty on May 9, are purchasing the HBA’s 2,500-square-foot office at 1200 E. Woodhurst Drive, Ste. R-300 for an amount close to the $298,000 asking price, Becky Todd said. The building was listed through Greg Huntsman of Jim Hutcheson Realtors.

The HBA already has found its new home; the organization bought the 6,345-square-foot Building D in Corporate Village, 636 W. Republic Road, from Corporate Village LLC on Sept. 5. The building, purchased for $550,000, is undergoing infill under lead contractor Sam Bradley of Sam Bradley Homes, who is working with Shannon Lee of Rock Solid Construction to get the office ready by late February or early March.

Liberty Bank is allowing HBA to use three offices at its 4021 S. Campbell Ave. location free of charge until the organization can move into its new space.

“It’s a temporary situation, and it turned out that we had the space available, and they had the need,” said Steve Hamm, an HBA board member and vice president at Liberty Bank. “It’s right around the corner from where the new office is ... so it worked out really good for them.”

HBA Executive Officer Matt Morrow said that staff members had considered going mobile during the transition and working from their homes. He said, however, that the temporary space will be handy, particularly for planning the annual HBA Home Show, set for the last weekend in January.

“People need to be able to come somewhere and look at maps, and weigh their options on locations for the show,” Morrow said.

See SBJ’s Oct. 16 issue for more on HBA’s move.[[In-content Ad]]

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