Property Book
Madison, Alabama
April 2026
The Hexagon Building

305
Intergraph Way.

The pinnacle of luxury office in North Alabama.
I  ·  Introduction
Redstone Federal Credit Union
Huntsville, Alabama
April 2026

To our prospective tenants,

When Hexagon AB commissioned a new corporate home for its Intergraph subsidiary in 2014, the brief was uncompromising: build the most forward-thinking workplace in the American South. The result was a 232,000-square-foot landmark on a thirty-six-acre campus, designed by Atlanta's Cooper Carry and delivered by Birmingham's Robins & Morton.

A decade later, it stands as the rarest thing in North Alabama commercial real estate — a Class-AAA headquarters environment, fully furnished, fully amenitized, fully operational. And now, a full floor is available.

This book is our introduction to that building, to the people who built it, and to the stewardship it has received since. We hope it is also the beginning of a conversation.

Stephen Simpson
Vice President, Finance  ·  Redstone Federal Credit Union
01
II  ·  The Building
Chapter One

A building designed
to be remembered.

Commissioned 2014

A five-story, $58 million corporate headquarters rising from a landscaped lake on thirty-six acres at the western edge of Madison, Alabama.

Originally built as the global seat of Hexagon's Intergraph division — a software pioneer founded by former IBM engineers working with NASA and the U.S. Army — the Hexagon Building was designed from the first sketch to signal a company's confidence in its own future. Over a decade later, it remains the most distinguished privately-held office building in North Alabama.

It is uncommon, in American commercial real estate, for a headquarters of this caliber to change hands intact. When the opportunity arose, Redstone Federal Credit Union acquired the building to ensure it would continue to be stewarded, not stripped. We have preserved it — and improved it — in that spirit.

232k
Gross Square Feet
$58M
Original Construction
5
Stories above grade
36ac
Landscaped campus
The Hexagon Building reflected in its eight-acre lake at sunset, fountain at right
On the lake

Eight acres of water.
Half a mile of path.

The building sits at the north edge of an eight-acre private lake stocked with bass, carp, and catfish. A half-mile walking trail circles the water and connects directly into the Town Madison master development — restaurants, hotels, the Trash Pandas stadium, and the future of the I-565 corridor. A large fountain anchors the view from every western-facing conference room. This is the only office property within twenty-five miles of downtown Huntsville with this setting.

02
III  ·  The Architect
Chapter Two

Cooper Carry.
Atlanta, est. 1960.

The firm

Sixty-five years. More than one hundred design awards. Nineteen from the American Institute of Architects. Ranked the #1 architecture firm in Atlanta by the Atlanta Business Chronicle for multiple consecutive years.

Founded in 1960 by Jerry Cooper and Walter Carry, Cooper Carry built its reputation on a practice the firm calls "Connective Architecture" — the belief that the most enduring buildings are designed for the convergence of uses and the people who move between them. They are perhaps best known to the public as the firm behind the redevelopment of Mizner Park in Boca Raton, an early landmark of American New Urbanism.

For the Hexagon project, Cooper Carry was engaged for full services — architecture, workplace strategy, programming, change management, landscape architecture, interior design, and environmental graphics. Every material choice in this book was made by one practice. The lake, the fountain, the binary clock in the lobby, the cafeteria's aerial canopy, the wood-slat ceilings, the conference rooms named for continents — all are part of a single conversation.

Design signatures

A catalogue of small
decisions, made slowly.

— 01
The binary clock
A wall-sized timepiece in the main lobby, reading the hour in ones and zeros — the firm's wink to the software engineers it was built for, and the rare piece of architectural wit that still reads a decade on.
— 02
Conference rooms of the world
The primary conference suites are named for the continents — North America, South America, Europe, Australia, Asia — reflecting the global reach of the companies that work here. A subtle reminder that what happens in these rooms is meant to matter.
— 03
Wood-slat ceilings
Acres of warm, custom-milled slat work above the boardroom, the café mezzanine, and the huddle spaces — softening the industrial rigor of the exposed concrete and glass below. The warmth is structural, not decorative.
— 04
Glass-walled boardrooms
A deliberate rejection of the closed-door executive corridor. Every meeting room is made visible to the floor it serves — a design choice that has aged into an operating philosophy.
— 05
The lakeside café terrace
15,700 square feet of furnished patio, stepped into the grade, with the half-mile walking trail passing through it. The water feature is tied into the trail — and the lake into the terrace — so the boundary between building and landscape is not drawn.
— 06
MegaBytes Café
The 275-seat cafeteria anchored by a barista coffee station and a 24/7 grab-and-go kiosk. The name was Intergraph's. The detail — right down to the projection-equipped common area for all-hands — was Cooper Carry's.
We are known not to have a style, but to design each project precisely for our clients' needs, the context of the location, and the delight of the end user.
Cooper Carry  ·  Firm Philosophy
1960
Founded in Atlanta
100+
Design Awards
19
AIA Awards
5
Offices Nationwide
03
IV  ·  The Builder
Chapter Three

Robins & Morton.
Birmingham, est. 1946.

The contractor

Eighty years of construction from a single state. Nearly ten billion dollars of work completed over the past decade. A national top-100 contractor, privately held, still headquartered one hundred miles south in Birmingham.

Todd Robins founded Robins Engineering in 1946 with a single contract to build an eight-hundred-square-foot service station in Birmingham's East Lake neighborhood. Today, the firm his name still anchors has completed more than twenty-one hundred projects across thirty-seven states, with close to eighty percent of its work coming from repeat clients.

On the Hexagon project specifically, Robins & Morton was selected for its proven track record on complex institutional structures. Through close coordination with Cooper Carry and aggressive fast-tracking — beginning site and foundation work two months ahead of final design — the team delivered the completed building two months earlier than a conventional schedule would have allowed. The finished product shows no evidence of the haste.

1946
Founded in Birmingham
2,100+
Projects Completed
37
States of operation
80%
Repeat-client revenue
04
V  ·  Gallery
Chapter Four

Gallery.

05
VI  ·  The Owner
Chapter Five

Redstone Federal
Credit Union.

Founded 1951

Eleven charter members. Five dollars each. A shoebox on Redstone Arsenal. Seventy-five years later, one of the twenty-five largest federal credit unions in the United States.

Redstone Federal Credit Union is the largest member-owned financial institution in Alabama and the sole owner of the Hexagon Building. Based in Huntsville, we hold more than eight billion dollars in assets and serve over half a million members across the country, with roots firmly established in Alabama and Tennessee. With more than thirty branch locations, we consistently are named one of the best Credit Unions in the country. In 2018, we were named the Credit Union of the Year by the National Association of Federally-Insured Credit Unions. In 2026, we celebrate our seventy-fifth anniversary.

We are not a passive landlord. Because of our name, reputation, and own branch presence in the building, we steward this property to a standard no institutional owner in the market can match — simply because we work here too.

$8.3B
Total Assets
500k+
Members
Top 25
Federal Credit Unions, U.S.
75 yrs
Of continuous service
06
VII  ·  Stewardship
Chapter Six

What ownership
includes.

Every item below is part of the quoted rent. There are no operating expense reconciliations. No after-hours HVAC charges. No parking fees. No surprise pass-throughs. The number on the first page of your offer is the number you pay.

07
VIII  ·  Campus
Chapter Seven

The campus,
in full.

— 01
1,045 surface parking spaces
Complimentary. Easily exceeds the four-per-thousand ratio required.
— 02
Six EV charging stations
First-come, first-served, in the primary lot.
— 03
Eight-acre private lake
Stocked. Fountain-anchored. Circled by a half-mile walking trail.
— 04
Town Madison trail connection
Direct pedestrian link to the adjacent master development — dining, lodging, and entertainment.
— 05
15,700 sq. ft. Terrace patio
Furnished, overlooking the lake, tied to the trail and water feature.
— 06
Tenant game & recreation room
Billiards, ping pong, foosball, gaming systems. Common to all occupants.
— 07
On-site data center
Eleven rows, 110 racks. Redundant power, UPS, FM-200 suppression, generators. Segregated caged space available for lease — eliminating the need for a co-location facility.
— 08
Redundant carrier fiber
AT&T and Lumen delivered via two independent vaults with separate building entries. Dedicated conduit into the data center. IT and telecom closets on the north and south of each floor.
— 09
Shipping & receiving
Dedicated dock with on-site office space and tenant-accessible desking.
— 10
Four tenant elevators + service
Plus a dedicated service elevator for back-of-house operations.
— 11
100% wet-sprinklered
Full life-safety coverage throughout the building envelope.
— 12
Direct I-565 access
Two interchanges within half a mile — Town Madison Blvd. and Wall Triana Hwy.
View of the building from the parking approach at sunset, flagpoles in foreground
08
IX  ·  Location
Chapter Eight

Ten minutes from
Greenbrier South.

The corridor

One highway between the front door of 305 Intergraph Way and the future front gate of Lilly's announced six-billion-dollar Greenbrier South campus.

On December 9, 2025, Eli Lilly announced its decision to build a next-generation pharmaceutical manufacturing facility on a 260-acre site at the northeast corner of I-565 and Greenbrier Parkway — the largest initial private industrial investment in Alabama's history. Construction begins in 2026. The site was selected, in part, for its proximity to the HudsonAlpha Institute for Biotechnology and the region's workforce pipeline at UAH and Calhoun Community College.

The Hexagon Building sits on that same corridor, six miles to the east. For administrative, executive, IT, and technical staff during the 2026–2032 construction phase — and well beyond — no other Class-AAA office product in North Alabama offers what 305 Intergraph Way does: a turnkey, fully amenitized headquarters, delivered now, with no capital outlay and no construction lead time.

Distance
~6.4 mi
Drive time
~10 min
Shared corridor
I-565
Huntsville has long been a place where innovation thrives and hard, impossible things get done.
Tommy Battle  ·  Mayor of Huntsville  ·  December 2025
09
X  ·  Terms
Chapter Nine

The offer,
in plain language.

Base Rent $40.00 per RSF, full-service furnished. All utilities, janitorial, coffee service, and security included. 3% annual escalation. No OPEX reconciliations. No pass-throughs.
Tenant Eli Lilly and Company
Initial Premises Full third floor, Building 305  ·  45,046 RSF BOMA rentable area: 55,708 sq. ft.
Early Occupancy ~3,000 SF available July 1, 2026 On the third floor, for initial move-in and transition.
Full Occupancy January 1, 2027 With sixty-day prior access for FF&E and IT installation.
Term Three (3) years
Renewal Two (2) options to renew for one (1) additional year each At the lesser of Fair Market Rental Rate (including fair-market concessions) or the then-escalated rate.
Tenant Improvements Delivered turnkey, fully furnished Steelcase and other premier-grade commercial furnishings, currently in A-grade condition. Modifications, additions, or removals negotiable to meet Tenant requirements.
Space Planning Landlord-funded Full space plan and revisions at Landlord's cost for Tenant evaluation.
Rent Abatement Negotiable
Parking No fee  ·  1,045 surface spaces Plus six EV charging stations. Tenant's minimum 4-per-1,000 ratio met without constraint.
Security Deposit None
After-Hours HVAC No cost Building controls can be programmed to Tenant requirements without additional charge.
Building Access 24 / 7 / 365 badge access Security guard for visitor and temporary badging during working hours. Additional coverage available for events.
Signage Negotiable within City of Madison standards Includes parking-lot wayfinding, monument signage, flag-pole visibility from I-565, and replacement of the building entry monument to reflect multi-tenant occupancy. Exterior façade permissibility under discussion with the City of Madison.
Telecommunications Dual-carrier fiber  ·  AT&T and Lumen Delivered via two separate vaults with independent building entries and dedicated conduit to the on-site data center. Segregated cage space available for lease at negotiated pricing.
Sublet & Assignment Permitted, with standard protections Tenant may substitute subsidiaries or affiliates without consent. Third-party sublease/assignment subject to Landlord's reasonable consent.
Relocation Landlord has no right to relocate Tenant
Holdover 110% of the lease rate at term end
Brokerage Acknowledged per RFP CBRE, Inc. to receive a full 4% commission; 50% upon lease execution, 50% upon lease commencement.

This proposal is not intended to be contractual in nature, but an expression of the basis upon which Redstone Federal Credit Union would consider entering into further negotiation for Building 305 at 305 Intergraph Way. Neither Landlord nor Tenant shall have an obligation to lease the subject space unless and until a written lease in form and substance satisfactory to both parties has been prepared, approved, executed, and delivered. All terms confidential; to be discussed only on an as-needed basis.

10
XI  ·  Contact
To continue the conversation

We would be honored
to show you through.

Stephen Simpson
Vice President, Finance
Redstone Federal Credit Union
Direct256.722.3470
Emailssimpson@redfcu.org
Office220 Wynn Drive NW
Huntsville, Alabama 35805
Graham Conner
Assistant Vice President, Procurement
Redstone Federal Credit Union
Direct256.799.8787
Emailgconner@redfcu.org
Office220 Wynn Drive NW
Huntsville, Alabama 35805
Redstone Federal Credit Union
305 Intergraph Way  ·  Madison, AL 35758
Property Book  ·  April 2026
Confidential  ·  © Redstone Federal Credit Union
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