Lake Homes Realty Officially Opens Its New Headquarters

CEO, COO, and Mayor of Hoover cutting the blue ribbon

In its ongoing initiative for growth and expansion, Lake Homes Realty recently moved its headquarters to Highway 280 in Hoover, AL. The 500 Corporate Drive office building is owned by SDM Partners and managed by Colliers International. Lake Homes Realty and RealSource Title Insurance and Real Estate Closings occupy over 50,000 square feet between the fourth and fifth floors and a video production studio on the ground level.

New Headquarters Fact Sheet

Overview

  • Lake Homes Realtywww.lakehomes.com – Largest lake-focused real estate brokerage in the country, serving 34 states and expanding.  
  • RealSource Title Insurance and Real Estate Closings – Licensed in 12 states, the company has five offices across Alabama, Tennessee, and Virginia with additional growth planned. www.yourrealsource.com 
  • Leadership – Glenn S. Phillips is CEO of Lake Homes Realty. Doris Phillips is COO of Lake Homes Realty, President of RealSource, and Founder/President of The Circle of Love Foundation  
  • Current Location of Headquarters – 15 Southlake Lane in Hoover 
  • Leased Space – 48,864 sf of office space; 5,881 sf of studio space 
  • Ribbon Cutting with Hoover Chamber of Commerce – April 18, 2023 at 1:30 p.m.  
  • Projected Job Growth – 400 new jobs over the next four years 

Building Details

  • Building Ownership and Management – 500 Corporate Parkway is owned by SDM Partners out of Atlanta and managed by Colliers International 
  • Timeline – Announcement in February 2022; Completion in March 2023 
  • Building Lease – 10 years 
  • Architect – Williams Blackstock Architects 
  • Contractor – Hallmark Builders, Inc. 
  • Interior Design and Furniture – Ai Corporate Interiors 

Building Usage

  • 54,745 square feet leased between three floors
  • 4th Floor – Lobby for both companies; Lake Homes Realty Operations and Accounting; RealSource  
  • 5th Floor – Lake Homes Realty Marketing and Customer Care  
  • Portion of Basement – Video production and The Circle of Love Foundation work area 

Learn more about Lake Homes Realty’s expansion: Lake Homes Realty Moves into New Headquarters, Hires Former Zillow and Pacaso Executives