An investor group has purchased a building in Vestavia Hills just off the heavily traveled Highway 31 corridor. VOP 100 LLC purchased 100 Vestavia Parkway from F/F2 LLC for $3.1 million, according to a release. VOP 100 LLC is registered to Thomas N. Carruthers III, and F/F2 LLC is registered to C T Corporation System … Read More
A building in the Highpoint Office Center in Vestavia has a new owner. Mountaintop Holdings sold the Chambers building to affiliates of Engel Realty Co. for $2.7 million, or more than $75 per square foot. The selling entity is a holding company for Mountaintop Community Church, which is located across Centerview Drive from the property. … Read More
Despite facing headwinds from high steel prices, a local developer is bullish enough on the strong demand for industrial space to move forward with a speculative project in Birmingham. Graham & Co. is investing $15 million in the first phase of “Crossroads Commerce Center,” a new industrial development off Daniel Payne Drive in the Hooper … Read More
B.L. Harbert International has bought more office space in Mountain Brook. The large general contractor paid $2.75 million for 500 Office Park Drive, Unit 1, or about $115 per square foot, according to public records. The purchasing entity was 500 Office Park East LLC, and the deal closed June 3. B.L. Harbert bought the approximately … Read More
