Commercial development is picking up all over the country. The hottest sector within that market is warehouse sites. Developers nationwide have spent over $1.5 billion on property that has been proposed for warehouse, industrial park usage and light industrial projects, according to a recent article at Realtor.com. The demand for warehouse and industrial space in … Read More
Month: October 2014
Trace Crossings office building sells for $1.25M
A Birmingham real estate investment company has purchased an office building at Trace Crossings in Hoover. A subsidiary of Shamrock Investments LLC, 5395 Emery Way LLC, purchased the property at 421 Emery Drive from Hunter Trace LLC. The property sold for $1.25 million, according to Jefferson County public records. Sam Carroll of Graham & Co. … Read More
List leader optimistic on the local CRE market
Graham & Co. LLC has long been a leading player in the Birmingham commercial real estate market. This week, the company topped our List of commercial property management firms for the third consecutive year with over 7 million square feet managed locally. The firm beat out local CRE heavyweights like CBRE and EGS Commercial Real … Read More
Top of the List: Birmingham’s largest property managers
Prospects for commercial real estate in Birmingham appear bright due to increasing demand and rent growth bolstering local real estate firms. Birmingham property managers are optimistic about the health of the CRE market. “(Business) appears to finally be going in the right direction,” said John Coleman, vice president at Graham & Co. LLC. “We have … Read More