2019 Graham Office Market Survey Birmingham’s office market remained strong in 2018 with the CBD and Midtown submarkets having posted positive absorption. Midtown had the strongest performance, with more than 179,000 sf of positive absorption. In 2018, the overall Birmingham Office Market posted -73,287 sf of absorption. This change can be [...]
2019 Graham Industrial Market Survey After a banner year in 2017, the momentum of the Birmingham metro’s industrial real estate market experienced a slight slowdown in 2018. multitenant occupancy dipped by less than 1% and was 93.2% across all submarkets at year-end 2018. Despite the multi-tenant setback, single-tenant industrial building occupancy continued to tighten for [...]
The Birmingham Office Market posted -16,626 sf of absorption in 2017. Confidence in the office market remains high with new developments in the pipeline, redevelopments beginning to come to fruition, and local companies continuing to grow. The Highway 280 / I-459 submarket was the strongest performing submarket in 2017, posting 249,598 sf of positive absorption. [...]
