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 Group Crothall Services Group Latest from The Business Journals Follow this company , which leased 25,000 square feet at Airport Highway Park.
That deal, which was submitted to the BBJ’s new commercial real estate database, was handled by Graham & Co.’s John Coleman and Cresa’s Patrick Denney.
But Crothall isn’t the only one. The University of Alabama at Birmingham University of Alabama at Birmingham Latest from The Business Journals Follow this company has leased a total of 77,837 square feet in the Sloss Docks Warehouse on First Avenue North at a rate of $3 per square foot.
The warehouse, which is owned by Sloss Real Estate, will now house UAB’s shipping and receiving, surplus and building alternations departments, according to real estate research firm Xceligent.
Graham & Co.’s Jack Brown and Rob Tate of Sloss Real Estate handled the lease.
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