NEWS & REPORTS

Large indoor go-kart track planned for Bessemer

January 30th, 2015

autobahn-karts-racing-5_600xx754-503-0-4[1]
Autobahn Indoor Speedway, a Jacksonville, Fla.,-based operator of go-kart tracks, is coming to Birmingham.

The company will open it’s first Alabama indoor electric go-kart race track at 5960 Greenwood Pkwy. in Bessemer in June, according to Autobahn partner Bill Harris.

“We’re very excited to be coming to Birmingham,” Harris said in an interview with the BBJ.

Autobahn inked a 53,000-square-foot lease at the Bessemer location.

Jack Brown of Graham & Co. represented the tenant, and Merrimon Epps of Barber Cos. Inc. represented the landlord in the lease.

Harris said Autobahn plans a substantial capital investment in the facility in order to build the track and purchase the vehicles. Harris said the go-karts go for around $10,000 each.

“They are very fast,” Harris said, adding the track can be used for parties, corporate events or just races between friends.

Harris said an Autobahn track will open in Memphis in March and there is a plan for a location in Virginia soon. The other track, the company’s first, is in Baltimore.

[ Read article at bizjournals.com]


EBZ SysTec buys large McCalla warehouse space

January 30th, 2015

22251_diesel_rd
A Birmingham auto supplier is expanding.

EBZ Systec Inc. has acquired a 68,000-square-foot facility at 22251 Diesel Drive in McCalla.

The financial details of the transaction were not released, but the property was listed at $999,000, according to a flier from Graham & Co.

Ogden Deaton of Graham & Co. brokered the sale on behalf of the Ravensburg, Germany-based company, according to a release from the commercial real estate firm this week.

Graham & Co.’s Jack Brown represented the seller, Black Warrior Holdings.

EBZ SysTec currently has a facility at 3011 Dublin Circle in Bessemer.

The release said EBZ Systec purchased the 7.6-acre lot to accommodate its continued growth with automotive manufacturers in the Southeast.

The company will invest in a renovation and new construction phase for the site within the next 12 months.

Abby Jackson, a spokesperson for EBZ Systec said the company currently employs 25 locally, but the expansion will call for around 100 new hires over the next five to seven years.

The site is located in unincorporated Tuscaloosa County along I-59/20 and contains two buildings.

[ Read article at bizjournals.com]


Balfour Beatty Infrastructure inks 36K square feet in Bessemer

January 27th, 2015

thXGKBXWXR
Atlanta-based Balfour Beatty Infrastructure Inc. has inked a large industrial lease in Bessemer.

The company will occupy 36,720 square feet at Interstate Industrial Park.

Ogden Deaton, with Graham & Co. brokered the lease for the company.

Balfour Beatty Infrastructure is an infrastructure contractor that works on a variety of projects involving highways, bridges over land and water, tunnels, wastewater and potable water treatment plants and rail civils, according to the company’s website.

The company provides services to municipal, county, state and federal agencies.

The division that will occupy space in Birmingham specializes in providing maintenance for private rail companies.

Balfour Beatty Infrastructure will utilize the space in Bessemer to store large equipment like ground penetrating systems over the winter months.

The company currently does not have any pending projects in the Birmingham area.

[ Read article at bizjournals.com]


Graham & Company Announces New Hire, Jerry Grant

January 22nd, 2015

Jerry Grant

Jerry Grant


Graham & Company, LLC is pleased to announce that Jerry Grant has joined the firm as Vice President, Office Group and will handle office brokerage and leasing. Jerry brings more than 10 years commercial real estate experience in dispositions, property acquisitions, landlord representation and tenant representation. Jerry’s portfolio of experience includes a variety of national institutional clients such as Cousins Properties, Inc., Lord Baltimore Properties, and Wells Real Estate Funds. Locally Jerry’s experience includes some quality names such as Samford University, Education Corporation of America, Daxko, Synovus Mortgage and Robins & Morton. He is a Certified Commercial Investment Member (CCIM), secretary for the Birmingham Commercial Real Estate Council (BCRC) and a past president and current national Board member for the Alabama chapter of NAIOP, a Commercial Real Estate Development Association. Jerry previously worked as Vice President – Office Leasing at Daniel Corporation.

[ Read article at al.com]


Graham & Company Announces Promotion of Jordan Tubb to Vice President, Industrial Group

January 22nd, 2015

Jordan Tubb

Jordan Tubb


Jordan Tubb, who joined Graham & Company in 2007, has been promoted to Vice President, Industrial Group. Jordan represents purchasers, sellers, landlords and tenants in site selection, expansions, relocations, renewals, valuations, acquisitions and dispositions.

[ Read article at al.com]



Powered by WordPress :: Entries (RSS) RSS feeds