NEWS & REPORTS

Balfour Beatty Infrastructure inks 36K square feet in Bessemer

January 27th, 2015

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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]


Graham & Company Announces Promotion of Hayden Scott to Director, Valuation Group

January 22nd, 2015

Hayden Scott

Hayden Scott


Hayden Scott, who joined Graham & Company in 2002, has been promoted to Director, Valuation Group. Hayden specializes in office, medical, retail and multi-family properties. She received the MAI designation of the Appraisal Institute in 2010. In addition to providing valuation services for financial institutions, she provides appraisal and consulting services to attorneys, accountants, and institutional clients.

[ Read article at al.com]


Graham & Co. pick up Philips Highway office park for $21 million

January 12th, 2015

The Alabama real estate firm that recently sold a Downtown tower to CSX Corp. has picked up an office/warehouse center on Philips Highway for $21 million.

Graham & Co. of Birmingham, Alabama, bought the Interstate South Commerce Center from Unum Group and United of Omaha Life Insurance Company, according to a deed filed Friday with Duval County.

The 34,000 square-foot building has 4,290 square feet available, according to sales information on Graham & Co.’s website.

The 25-acre site has six buildings, according to the Duval County Property Appraiser, and an assessed value of $17.55 million.

Unum Group and UM Holdings IV took over the property from Windsor at Interstate South LLC in 2011, according to county records. Windsor had purchased the property for $29.7 million in 2007.

Early in December, BP Graham — an Alabama-based investment company that includes members of Graham & Co. and other investors — sold the 14-story office tower at 550 Water St. to CSX for $30 million, according to city records.

[ Read article at bizjournals.com]



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