The Saks Building in downtown Birmingham has sold after being on the market for six months.

The sale price of the building located at 1904 1st Ave. North wasn't disclosed. The building was listed at the end of June for $4.2 million.

"It was a pretty quick sale," said Corporate Realty's Emily Byrd.

She said it helped that the three-story, 18,848-square-foot building is 100 percent occupied. A surface parking lot beside The Pizitz was also a strong selling point.

Coyote Logistics, which is owned by UPS, signed a 10-year lease for the building in 2014.

The Saks Building was built in 1924 and redeveloped by Corporate Realty in 2005. It was renovated in 2014.

The company that owns the building, CRD Number 3, was sold in the deal, which closed a few days after Christmas.

Developer Mike Mouron, who was involved in redeveloping the Federal Reserve building in downtown Birmingham, is the new owner.

Mouron said he bought the building because he is attracted to historic buildings. He also liked that the building has a long-term lease.

"I think it is a desirable area," he said, speaking about its proximity to The Pizitz, Elyton Hotel and other upcoming projects like Founders Station. "It is only getting better."

Byrd said it's exciting that existing developers are becoming more interested in buying a stake in downtown. She said she hopes it's a sign downtown Birmingham will see more activity in 2018.