October 23rd, 2013
Property Management Assistant, Sharon Cumen, and her family at The Buddy Walk.
Did you know October is Down Syndrome Awareness Month? Property Management Assistant, Sharon Cumens, and her family participated in The Buddy Walk in honor of her grandson Trent Watkins who was born with Down Syndrome. The walk promotes acceptance and inclusion of people with Down syndrome. The Buddy Walk has grown from 17 walks in 1995 to nearly 250 walks planned for 2013 worldwide. In 2012, more than $11.75 million was raised nationwide to benefit local programs and services, as well as the national advocacy initiatives of NDSS that benefit all individuals with Down syndrome.
This was Alabama’s 14th Annual Walk for Down Syndrome, held on Sunday, October 20, at the Hoover Met.
October 3rd, 2013
The Salvation Army plans to sell its long-vacant Youth Services Center in the Crestwood area later this month.
The ARC of Jefferson County intends to buy and renovate the former Salvation Army Youth Services Center in the Crestwood neighborhood for $2.5 million, ARC CEO Chris Stewart told me today.
The ARC, which provides services to people with intellectual disabilities, is slated to finalize Oct. 15 the purchase of the vacant 51,700-square-foot, three-building campus at 6001 Crestwood Boulevard, Stewart said.
The Birmingham Salvation Army has been trying to sell the nearly 30-acre property for $1.8 million since closing the center nearly three years ago, said Salvation Army Business Manager Ed Roberson.
After renovations, including the repair of the roof, the property will become home to the 65 to 70 people in ARC’s administrative office and in its day and work program services, Stewart said.
Clearing the way for the closure of the sale, the Birmingham City Council voted Tuesday to rezone the property from R2 Single Family District to Office and Institutional District.
Ogden Deaton of Graham & Go. LLC represented Salvation Army in the sale negotiations.
[ Read article at al.com]
October 2nd, 2013
BIRMINGHAM, Alabama – Graham & Co. brokers recently completed a number of commercial real estate deals.
Graham brokers Walter Brown and Brad Jones represented the owner in the sale of the 144,296-square-foot medical office building at 880 Montclair Road on the Trinity Medical Center campus. Colliers International-Alabama represented the purchaser in the transaction. The new owners plan to market the building to high-density users such as medical and technology companies.
Graham’s Jordan Tubb represented the owner of Hoover Business Park on Lorna Ridge Drive in the sale of the three-building, 40,365-square-foot office and warehouse investment property. Engel Realty Co. represented the buyer.
Graham’s Sam Carroll represented the owner of the 26,000-square-foot, two-story office building at 2188 Parkway Lake Drive in the sale of the building to D.R. Horton Inc., represented by Hazelrig Realty Co.
Graham’s Jack Brown brokered the sale of a 15,000-square-foot industrial facility at 4132 Second Ave. South to NelBran Glass.
Graham’s John Coleman represented the landlord and Graham’s Ogden Deaton represented the tenant in Gexpro’s lease of 11,052 square feet of industrial space at 4759 Alton Ct.
Graham’s Walter Brown represented the landlord and DTZ Commercial Real Estate represented the tenant in Tri-State Computer Institute’s expansion and renewal of 49,608 square feet of office space in Lakeshore Crossings Business Park at 100 London Parkway.
[ Read article at al.com]
October 1st, 2013
Sam Carroll, SIOR
We are proud of our Office Specialist, Sam Carroll, SIOR who played a part in securing locations for shooting scenes of a great new movie – Grace Unplugged. Check out pages 8 – 10 of the SIOR Professional Report link below to read how Sam participated in this unusual and interesting project.
[ Read article at sior.com]
September 27th, 2013
Builder’s Millwork LLC plans to relocate inside Bessemer after the sale of its buildings in Bessemer to Trussville gun maker Steyr Arms Inc.
Gun maker Steyr Arms Inc. has purchased two buildings in Bessemer from Builder’s Millwork LLC for more than $1.37 million, according to public records.
Trussville-based Steyr paid BMW Real Estate Holdings LLC $41.61 per square foot for the buildings – together 33,046 square feet – at 2530 Morgan Road S.E. in Bessemer, Jefferson County deed transaction records show.
That’s a little below the asking price of $1.54 million, or $46.75 per square foot, that I reported in August.
Steyr, a subsidiary of Austria-based Steyr Mannlicker, plans to relocate from Trussville and triple its workforce to 21 in a $1.7 million expansion. The company is slated for about $100,000 in incentives from Bessemer.
Jack Key of J. Key Properties LLC represented the seller. John Coleman of Graham & Co. LLC represented the buyer.
[ Read article at bizjournals.com]