BIRMINGHAM, Alabama – Graham & Co.’s July commercial real estate deals gave an economic development boost to Holly Pond, is helping Alagasco grow in eastern Birmingham and will bring a speculative office building to Vestavia Hills.
Graham’s Ogden Deaton brokered the sale of the 137,000-square-foot former VF Jeans plant in Holly Pond to Hessaire, a Cullman manufacturer of fan blades and air conditioning components, which is planning a major expansion and adding more than 100 jobs.
Mike Lawley of Graham represented the seller of 34 acres at Interstate 459 and Derby Parkway to Alabama Gas Corporation. Alagasco is using that purchase and another one downtown to relocate and expand its downtown operations. EGS Commercial Real Estate’s Mark Byers represented Alagasco.
Graham’s Sam Carroll represented a local developer in the purchase of a residential at 312 Montgomery Highway in Vestavia. The lot has been rezoned to commercial and the developer plans to build a 5,000-square-foot, speculative office building that will be leased in its entirety or in two, 2,500-square-foot spaces.
Deaton also represented SBA Network Services LLC in the owner and operator of wireless communications infrastructure’s purchase of the 22,000-square-foot industrial building at 3300 Shelby County Highway 11 in Pelham. Moore Company Realty Inc. represented the seller.
Walter Brown of Graham represented the seller of the 4,143-square-foot office at 4616 Montevallo Road to JPH Dental Properties LLC, which was represented by Highland Realty Services.
Graham’s Jack Brown and John Coleman represented the seller, Ajax Tocco Magnethermic Corp., in the sale of a 101,034-square-foot industrial facility on Industrial Boulevard in Boaz to a private investor.
Coleman also represented the seller of the 9,320-square-foot office and warehouse at 532 Mineral Trace in Hoover in its sale to Vulcan Partners LLC.
Graham’s Jack Brown represented Noland Company, a supplier of plumbing fixtures and piping products, in its lease renewal and expansion totaling 27,000 square feet at Airport Highway Park. Graham’s Coleman represented the landlord.
Graham’s Jordan Tubb leased the 16,000-square-foot office and warehouse at 3431 Lorna Lane in Hoover to Advanced Technology Recycling for the company’s first Alabama location.
Dan Lovell of Graham represented BioLife Plasma Services in its lease of 4,800 square feet at Riverchase Business Park. Engel Realty Company Inc. represented the landlord.
Lovell, also represented Carr, Allison, Howard, Oliver & Sisson in the law firm’s 6,984-square-foot lease renewal at the Walker Building at Highpoint Office Park. Lovell also represented Petway-Olsen in its lease of 1,733 square feet at the Shelby Building at Highpoint Office Park. Engel Realty represented the landlord in both transactions.
Graham’s Carroll represented Marcus Cable Associates LLC in its 5,000-square-foot retail lease in Russellville.
Graham’s Lawley and Peter Crolius, SIOR represented the seller of the 2,313-square-foot Overlook V Professional Office Condo in Ponte Vedra Beach, Fla.