source: bizjournals.com The Children’s Aid Society recently scored a sweet deal on a Five Points South office building, according to an entry this week in our new commercial real estate database. Owner Carl E. Miller III initially listed the 17,350-square-foot office building at 2141 14th Ave. S. in Five Points South for $1.35 million, or … Read More
Month: March 2012
Real estate roundup: Crothall finds new space
source: bizjournals.com Among the benefits of having a downtown area ballpark – and there are many – there’s one that’s gone almost unnoticed. Industrial real estate is getting a big boost as companies and organizations displaced by the Birmingham Barons are leasing spaces around town. One of those is the health care company Crothall Services … Read More
William & Carrigan buys property off Morris Avenue for move
Source: al.com BIRMINGHAM, Alabama — William & Carrigan is moving to Morris Avenue with new offices and a large stone yard that will allow the artistic masonry company to grow into retail sales. William & Carrigan recently closed on the purchase of a 1.1 acre lot at the southeastern end of Morris Avenue and 25th … Read More
The Birmingham News – On the Move
Source: al.com Birmingham’s Graham & Co. said it has made promotions. Charlie Crane, who has been with the commercial real estate firm for 16 years, has been promoted to senior accountant. Maria Goldschmidt, with the firm for 11 years, has been promoted to vice president of finance. Betsy Lumpkin, who joined the firm last year … Read More
Local industrial real estate pros predict an upswing after rough end to 2011
Source: bizjournals.com Pickings are still slim in the Birmingham metro’s industrial real estate market, but experts say a national uptick in sales and leases could foreshadow a local boost. The vacancy rate among Birmingham metro industrial properties fell to 24.2 percent at the end of 2011 from 29.8 percent at the end of 2010, according … Read More
Birmingham brokers finding uncommon tenants for big-box spaces
Source: bizjournals.com Big-box retailers are leaning away from big-box spaces, and experts say that’s pushed Birmingham area property owners to think outside the big box to find new tenants. Since the recession, when several large retailers closed in the area, real estate professionals say they’ve seen a surge in creative reuse – when space is … Read More