Whether it is part of a $30 million expansion of Birmingham’s Royal Cup, helping Honda supplier Trinity Design Group grow or bringing SKF USA into the market, Graham & Co.’s recent commercial real estate deals are boosting economic development efforts here.
Royal Cup Coffee purchased a 153,000-square-foot, former RockTenn, industrial building at 3200 Pinson Valley Parkway. The coffee and tea company is planning a $30 million expansion and will add 40 jobs. Graham & Co. brokers Ogden Deaton and Jack Brown represented the seller and Brad Moffatt with EGS Commercial Real Estate represented Royal Cup.
Trinity Design Group has purchased a 32,000-square-foot industrial warehouse at 1107 Dowzer Ave. in Pell City. The packaging and fulfillment company works with Honda and other major companies with an emphasis on environmental-friendly solutions. Graham’s Deaton brokered the transaction.
The Lake House Group LLC purchased a 4,200-square-foot office building at 3021 Eighth Ave. South, which will be Hyde Engineering’s new corporate offices. Sam Carroll of Graham & Co. represented the purchaser.
Spartan Partners LLC purchased a 23,000-square-foot industrial building at 1635 South Beltline Highway in Mobile. Graham’s Jack Brown handled the transaction.
Hollis Wright law firm purchased an 8,250-square-foot office building at 2201 Morris Ave. with plans to renovate it for the firm’s new offices. Graham’s Sam Carroll represented the purchaser and Southpace Properties Inc. represented the seller.
BBVA Compass Bank sold a 12,220-square-foot, light-industrial building in Bessemer to an undisclosed investor. Graham’s Mike Lawley represented Compass in the disposition.
SKF USA Inc. leased 31,000 square feet of industrial space in a build-to-suit transaction on 3.5 acres in Moody Commerce Park. The company’s $4 million project is expected to create 25 new jobs. Graham’s Sonny Culp represented the landlord and NAI Chase Commercial represented SKF.
Graham’s Culp and Deaton represented the new tenant of a 30,000-square-foot industrial building at 2547 Commerce Circle. Southpace represented the landlord.
Addus Healthcare Inc. leased 1,500 square feet of office space at 1037 22nd St. South. Graham’s Jordan Tubb represented the tenant and J.H. Berry & Gilbert Inc. represented the landlord.