Birmingham-based Firm Acquires Sporting Goods Store in Alabama

BIRMINGHAM, Ala. – Sanders Capital Partners, LLC, a Birmingham-based real estate acquisition and development firm, has recently completed the $3.225 million purchase of a sporting goods store in Hoover, Alabama.

The 51,960 square-foot retail store is home to Hoover Tactical Firearms (“HTF”), a locally owed sporting goods store with a pro-shop and an archery and firearms range. As a corporate citizen, HTF is an active host and sponsor to many veteran and charitable organizations.

“HTF is well located for its customers in the greater Birmingham area,” stated Jackson Stewart, Executive Vice President & General Counsel for Sanders Capital Partners. “Their facilities are ideal for those looking for expert training resources and the proper equipment for their outdoor and shooting sport pursuits.”

Since its inception more than seven years ago, Sanders Capital Partners has built its portfolio by strategically acquiring and developing properties in the southeastern, midwestern, and southwestern United States.

For more information regarding the acquisition of Hoover Tactical Firearms or Sanders Capital Partners, please contact Lillian Brand at lillian@kcprojects.net.