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 seen positive activity, true absorption, expansions, and new companies to the market.”
With over 7 million square feet managed locally, Graham & Co. tops our newest List of commercial property management firms.
Firms in the top 24 account for nearly 50 million square feet of managed property. In addition to total square feet of managed property, our List breaks down the different types of property managed by each company.
Top of the List
The top five commercial property management firms by square feet managed locally are:
1. Graham & Co. LLC – 7,548,575 sq. ft.
2. EGS Commercial Real Estate Inc.- 6,834,611 sq. ft.
3. CBRE- 4,704,035 sq. ft.
4. Southpace Properties Inc.- 4,140,151 sq. ft.
5. Colliers International- 3,300,000 sq. ft.
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