2022 Huntsville Market Survey The Huntsville commercial real estate market stabilized in 2021. The overall impact of the COVID pandemic is still being felt, but most of the sectors have bounced back very well. Many companies are still studying existing space needs and their future work-from-home plans. We anticipate some downsizing and an increase in … Read More
In 2021 Birmingham’s office market outperformed the 6 previous years and shifted the trend to positive by posting 150,781 SF of overall absorption. Overall occupancy increased by 0.42% to 85.40%.There were 6 large, class-A office building sales in 2021, the 2 largest in the CBD; both One Federal Place and Renasant Place traded to out-of-state … Read More
Graham&Co Sells Parts Sequencing Warehouse Leased to Mercedes Benz for $51.7 Million BIRMINGHAM, January 31, 2022 – Birmingham-based Graham & Company has successfully completed the disposition of a 530,000 square foot Class-A distribution center to Monmouth Real Estate Investment Corporation (NYSE:MNR). Situated on approximately 53.5 acres in Vance, AL, the facility is fully leased to … Read More
Several medical groups have partnered to redevelop a Greystone shopping center. Located at 5406 Highway 280 S., the Crossroads at Greystone will soon be redeveloped into a medically focused center. According to public records, The Crossroads at Greystone LLC sold the 50,000-square-foot retail center in Hoover of the same name to Crossroads 2021 LLC in … Read More
