[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”]

Deals of the year: Cadence, Adams and Reese stay downtown
Deals of the year: Cadence, Adams and Reese stay downtown

Collaboration between seven different entities allowed Adams and Reese to move to Regions Harbert Plaza and Cadence Bank to take the law firm’s former space in Concord Center.

Why it matters

The two notable leases kept two major companies – and hundreds of jobs – in Birmingham’s city center.

Notable Numbers

$19.6M – Total lease values of the project, which involved two of downtown’s iconic office buildings.

55K – Total square feet Cadence Bank now occupies in Concord Center after moving from the John Hand Building.

22K – Total square feet leased by Adams and Reese on the 29th and 30th floors of Regions Harbert Plaza.

Key Players

Brokers: Graham & Co.’s Dan Lovell, Walter Brown, Sam Carroll and Mike Lawley; CBRE Houston, Dean Nix of Harbert Realty

Architects: Hendon + Huckestein (Cadence), Gensler (Adams and Reese)

Contractor: B.L. Harbert (Cadence), Golden Sands (Adams & Reese)

[/fusion_builder_column][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][ Read article at bizjournals.com][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]