OFFICIAL PRESS RELEASE:
Davis Expands Mission Critical Real Estate Portfolio Through Acquisition of Fully Leased Facility in Huntsville’s Jetplex Industrial Park
September 23, 2026 – HUNTSVILLE
Boston-based real estate investment, development, and management firm Davis Management Company, LLC and its affiliates (Davis) today announced the acquisition of 2865 Wall Triana Highway, an approximately 80,000 square-foot, industrial research and development facility in Huntsville, Alabama. The fully leased property also includes more than three acres of additional land that may accommodate future development. The asset was acquired from investment firm Paragon Capital, LLC (Paragon Capital) and is fully leased to a defense technology tenant.
Situated adjacent to Huntsville International Airport in the Jetplex Industrial Park, the property is proximate to Interstate 565 and Redstone Arsenal, a federal defense and space campus that features the United States Army, the United States Space Command, and NASA, among many more federal agencies.
“We are excited to expand Davis’ national portfolio of advanced manufacturing and research and development real estate with this acquisition in Huntsville,” said Brendan Richards, Vice President of Investments at Davis. “2865 Wall Triana Highway combines specialized building infrastructure with proximity to Huntsville International Airport, Redstone Arsenal and the broader aerospace and defense ecosystem in the region.”
The transaction expands Davis’ investment activity in Huntsville, following an affiliate’s acquisition of 355 Quality Circle earlier this year, and reflects the firm’s continued focus on aerospace and defense and research and development real estate.
“Huntsville’s concentration of federal agencies and aerospace, defense, and technology companies was an important consideration in evaluating this investment,” said Sean Coffey, Managing Director of Investments at Davis. “The property’s location and specialized infrastructure align with the types of assets we are investing in within these sectors.”
The building includes 3,000 amps of three-phase power, 26-foot clear heights, a 15-ton gantry crane, oversized drive-in access and heavy floor loads capable of supporting large vehicles. The site also includes more than three acres of additional land that may accommodate future development for advanced manufacturing and research and development users seeking space in the Jetplex.
“2865 Wall Triana has been a strong strategic investment for Paragon Capital, and we are proud of the role the property plays in supporting Huntsville’s aerospace and defense ecosystem,” said Chad Fielder, President of Paragon Capital, LLC. “Davis brings significant institutional experience and resources to the property, and we believe they are well positioned to build upon its long-term potential.”
The acquisition was brokered by Canopy Real Estate Partners.
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About Davis
Davis is a vertically integrated real estate investment, development and management firm with five decades of experience investing across the United States. Headquartered in Boston, Davis invests across a range of property sectors and strategies through its integrated investment, development, asset management and property management capabilities. Since inception, Davis has invested in $13.9 billion in gross asset value through real estate equity, debt and fixed-income securities. The firm’s portfolio includes approximately 10.8 million square feet across multiple property sectors and more than 4,890 residential units across the United States. For further information, visit www.thedaviscompanies.com.
About Paragon Capital, LLC
Paragon Capital, LLC is a privately held investment company focused on the acquisition, ownership, development and strategic management of commercial real estate and other investment opportunities. Based in Huntsville, Alabama, Paragon Capital takes a long-term, disciplined approach to investing, with an emphasis on high-quality assets, strong underlying fundamentals and opportunities to create lasting value. The company’s real estate portfolio has included industrial, advanced manufacturing and commercial properties serving businesses throughout the Huntsville market.