Graham and Co. closes on VA annex property

April 17th, 2014

By October 2015, the Southside is slated to have a new Veterans Affairs clinical annex.

The $50 million project has been touted as a shot in the arm for the Southside of Birmingham.

The project itself recently received a shot in the arm after developer Graham and Co. closed on the property at 2415 7th Ave. S. for $6.5 million.

The site, which was formerly a car dealership, will be part of the 70,000 square-foot facility along the north side of the 2400 block of University Blvd.

As previously reported, the VA hopes to be in the new annex by the fall of 2015. Many current employees will shift to the new facility.

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Southeast Real Estate Journal – Birmingham Industrial Review

April 17th, 2014

john_SEREJ_industrial review 2014

John Coleman, SIOR, Vice President, Industrial Group, gives Southeast Real Estate Business an overview of the Birmingham Industrial Market.

Graham & Co Welcomes Brad Sandidge, Chief Financial Officer

April 9th, 2014

Brad Sandidge, Chief Financial Officer

Brad Sandidge, Chief Financial Officer

Graham & Co Birmingham is proud to welcome Brad Sandidge to its team as Chief Financial Officer. In his position, Brad will be responsible for the strategic planning along with the oversight of finance and accounting.

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Six thoughts with Graham & Co.’s Sam Carroll

March 27th, 2014

Sam Carroll

Sam Carroll

Sam Carroll has been selling and leasing commercial office properties at Graham & Co. for over a decade. Carroll recently took on the leasing efforts for three major properties in the Birmingham area, including two prominent office locations in the suburbs to one of the central business district’s prime buildings. Those Class A properties are Meadow Brook North (510,000 square feet), Grandview II (149,500 square feet), and The Plaza (218,000 square feet).

An Ozark native, Carroll was a member of the BBJ’s 2008 40 under 40 class.

We recently sat down with Carroll to discuss the above properties and the commercial real estate industry in Birmingham.

On The Plaza’s downtown spot: It is on the corner of Main and Main in Birmingham. There is not a better location in the CBD (Central Business District) for a bank, legal or professional service firm. There is even city parking deck adjacent to the building.

On Grandview II: Iberia Bank now has a large presence in the building and interest has really picked up with the recent confirmation of Trinity Medical Center’s relocation. Grandview II is a great location long-term for many corporations and the building finishes are second to none.

On commercial real estate in Birmingham: Judging from the first quarter, there’s significant activity with several large tenants scouring the market for office space. Many companies are wanting to grow, and it’s encouraging.

Birmingham’s biggest challenge in 2014: We have to make sure we portray the positives in Birmingham. We like to talk about the negatives, but there are plenty of positives too. It’s a great place to live and raise a family. We also have several restaurants that are as good if not better than any you will find in any major city.

Birmingham’s biggest opportunity: We need to fill some of the big spaces that are still on the market, including quality buildings such as The Plaza and Meadow Brook 300.

On regional government: I’m all for it. That’s a huge challenge to take on and overcome but it would have a tremendously positive affect on recruiting companies to Birmingham.

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Graham & Co. adjusts leasing for several Birmingham area office buildings, completes leases and sales in Decatur, McCalla, Alexander City

March 20th, 2014
Graham & Co.'s Sam Carroll is handling leasing for Meadow Brook North off U.S. 280.

Graham & Co.’s Sam Carroll is handling leasing for Meadow Brook North off U.S. 280.

BIRMINGHAM, AlabamaGraham & Co. said its brokers have completed a number of sales and lease transactions and the company has assigned a new broker for some of its office leasing efforts.

Graham’s Sam Carroll will direct leasing efforts for Meadow Brook North, Grandview II, and The Plaza office buildings. Meadow Brook North has four “Class A” office buildings with more than half a million square feet of space, a 13-acre lake and a 1.3-mile walking trail. Grandview II is a 149,500-square-foot “Class A” office building at the intersection of U.S. 280 and Interstate 459 with high-grade finishes, lake views, parking and a

fitness center. The Plaza (formerly Regions Plaza) is a 17-story, 218,000-square-foot office tower in the heart of Birmingham’s Central Business District now home to Viva Health (which recently put its name atop the building) with nearly 100,000 square feet of available space.

Carroll also represented Charter Communications in its lease of 4,675 square feet at The Alexander City Marketplace in Alexander City. Regency Properties represented the landlord.

Graham’s Sonny Culp handled the lease of Plastipak Packaging Inc.’s 120,120-square-foot renewal of its plant in Jefferson Metropolitan Park in McCalla. Culp also represented the seller of a 27,000-square-foot manufacturing facility at 4400 Speedway Boulevard in Lincoln.

Graham’s Ogden Deaton represented the landlord and DTZ represented PODS in a lease extension and expansion of 71,300 square feet at BN Park in Ensley.

Graham’s Jack Brown represented the landlord renewing a 25,500-square-foot lease with Royal Cup Coffee at 2720 Southeastern Circle.

Graham & Co. represented Meadow Brook 100 and Daniel Corp. represented Sain Engineering in its renewal of 9,150 square feet of office space.

Graham’s Mike Lawley represented BBVA Compass in its disposition of a 2,021-square-foot office building in Decatur.

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