NEWS & REPORTS

Coca-Cola Bottling Company opens new $35 million distribution center, warehouse in Montgomery

May 10th, 2016

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Coca-Cola Bottling Company dedicated its new, state-of-the-art $35 million distribution center and warehouse in Montgomery on Tuesday.

Montgomery Coca-Cola has added 63 jobs to the workforce since November 2014, and now employs 310 with an annual payroll of approximately $13 million, the company announced.

“The addition of the state-of-the art regional distribution center further enables Montgomery Coca-Cola to continue providing excellent customer service to over 4,000 customers in the in the River Region and throughout counties in central and south Alabama,” the company stated in a release today.

The 855,000 square-foot facility includes: 42,000 square-foot administration space, 10,500 square-foot fleet maintenance area and a 100,000 square-foot Equipment Refurbishment Center to service over 32,000 vending machines, coolers and fountain units for 35 territories in seven southeastern states across the Coca-Cola UNITED franchise.

“What a great day this is for Montgomery Coca-Cola, Coca-Cola UNITED and for our entire community. We are certainly proud to count an organization of this caliber among our business partners,” Montgomery Mayor Todd Strange said in a prepared statement. “This new cutting-edge facility and the jobs it represents speak volumes about the opportunities that exist in Montgomery. We’re grateful this company took advantage of those opportunities and had the vision to see that success happens when you do business here in the Capital of Dreams.”

According to Montgomery Coca-Cola, the new facility located at 4919 Westport Blvd. has the capacity to warehouse over 2 million cases of approximately 675 non-alcoholic beverages.

With 51 loading docks, Montgomery Coca-Cola distributes approximately 13 million cases of non-alcoholic beverages annually in the South Alabama Division of Coca-Cola UNITED. These markets include Dothan, Evergreen, Montgomery and West Point, Ga. The Montgomery warehouse loads all delivery vehicles for the Tuscaloosa Coca-Cola territory.

The sales center serves as the administrative headquarters for the South Alabama Division in the Central Region of Coca-Cola UNITED.

Coca-Cola UNITED plans to acquire the production facility located at 300 Coca-Cola Road in Montgomery.

“Great brands and great people, coupled with our long-term commitment and presence in Montgomery allow us to deliver excellent customer service and the highest quality products to our consumers,” said Claude Nielsen, Chairman of the Board, Coca-Cola Bottling Company UNITED, Inc. “This investment demonstrates our commitment to operating in Montgomery for another 100 years and speaks positively for the growth and favorable business climate in Central Alabama.”

[ Read article on al.com ]


Wildwood Centre South shopping center sells for $12M

January 6th, 2016

Wildwood Centre South

Wildwood Centre South, a 225,921-square-foot retail center, was sold for more than $12 million.

Dan Lovell of Graham & Co. and Greg Hess of Shopping Center Group represented the seller in the transaction, according to a release.

The buyer was Lakeshore Parkway Retail LP. Wildwood Centre South is located on Lakeshore Parkway and includes tenants Mr. Wang’s Restaurant, Dollar Tree, a T-Mobile store, and others.

[ Read article on bizjournals.com]


Site of Hoover Child Care Center Sold for $620K

November 4th, 2015

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The site that will be Children’s Lighthouse early child care center in Hoover was recently purchased for $620,000.

As we’ve previously reported, Children’s Lighthouse plans to build a 10,500-square-foot facility on the one and a half acre site located at 4731 Chace Circle, right off U.S. 31 in Hoover’s Chace Landing development.

Ira Levine of Levine & Associates represented the buyer, Roar Mgmt Group LLC in the purchase. Dan Lovell of Graham & Co. represented the seller, Chace Circle Development LLC.

Franchisee Kent Rogers previously told the BBJ that the center will accommodate more than 200 children when it opens in late winter or early spring of 2016.

[ Read article on bizjournals.com]


What’s next for old Trinity campus?

October 19th, 2015

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Tonight, the old Trinity hospital campus sits empty. It has a new home in Grandview Medical Center on Highway 280.

But what does the future hold for the facility? The old campus is 20 acres, with more than 900,000 square feet of redevelopment space. The plan is to give these buildings new life.

Grandview President and CEO Keith Granger knows this site is an asset to the Birmingham area.

“I think it will be all about finding the right player who will take that site (and) give it the opportunity to have new life,” Granger said. He says they are working with Graham & Company commercial real estate to determine what will be the best use for the campus. “It’s likely it will be a multi-use campus. It would be unlikely that a single party would be able to take an use all the facilities.”

Walter Brown of Graham & Company believes there are no shortage of options for redevelopment of the 20 acre campus. “Anything from schools, to mixed use, whether it’s condominiums or apartments, or potentially senior housing, is also a possibility,” Brown explained. “We don’t think it’s going to be just one thing. We think it needs to be subdivided and carved out for multiple type purposes.”

Just about everything on the campus can be re-purposed, except the hospital building. Brown says this campus is all about location, location, location. “The location is excellent, we think it will be a demand for redeveloping it. We’re not quite sure what the purpose will be.”

In March of 2014, Momentum — a technology business — left Hoover and relocated to Trinity’s campus. Brown believes there is plenty of incentive for more businesses to move on to the old campus.

The City of Birmingham’s economic development team is working with Graham & Company to seek out other potential businesses and companies. Right now there is no active plan for the future of the Trinity campus. However, the hope is to have a plan for the campus by the middle of next year.

[Watch video on abc3340.com]


Grey Construction names new Birmingham Leadership

October 6th, 2015

1728 3rd Ave N

Graham & Company agents John Coleman, SIOR and Sam Carroll, SIOR have up to 35,000 SF available for lease in this new cutting edge cool building. Check out our website http://www.grahamcompany.com/ for more information

Gray Construction, the Kentucky-based firm that is redeveloping the Booker T. Washington building downtown, named a new leadership team for its Southeast office.In a release Tuesday, the company said Brian Jones is now the chief operating officer for its headquarters in Lexington, Ky. Jones began with Gray Construction as an intern in 1999 and was in the Birmingham office from 2004 until this promotion. He most recently served as vice president of the Birmingham office.Daniel Pittman will now serve as regional manager of the Southeast office in Birmingham. Pittman previously worked at B.L. Harbert and Charles & Vinzant Construction. In his new role, Pittman will work with subcontractors and customers on plans, proposals and sales, as well as supervising all team members in Birmingham.

“This is an exciting time not only for our team in Birmingham, but for Gray as a company. We’re seeing some of our biggest opportunities in the Southeast, and are extremely proud of the excellent talent we have on board to manage our continued growth,” Jones said in the release. “Our Birmingham office is in good hands under Daniel’s leadership.”

Additionally, the company said Zach Lemley has been named manager of business development and Alex DeMartini is now manager of project development services.

As we’ve previously reported, the company will convert the historic Booker T. Washington building on Third Avenue North into Gray’s Southeast base of operations. Gray will lease the space it doesn’t use to other tenants.

[Read article on bizjournals.com]



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