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Bruno’s former corporate headquarters has been sold.
Birmingham Logistics LLC sold the 120,000-sqaure-foot office building at the intersection of Lakeshore Drive and Industrial Drive in Birmingham to Westbury 3 LLC for $3.1 million, according to Jefferson County public records.
Graham & Co. Senior Vice President Ogden Deaton handled the transaction for the investor, who declined to be named at this time.
Deaton said this purchase involved only the office portion of the property. The warehouse was not part of the acquisition.
Deaton said the purchase is an investment property, and the office building is currently undergoing a renovation and will be subdivided for multiple tenants.
“It’s a great building for a company that has a high employment count,” Deaton said. “There’s a lot of parking. It’s a great looking functional building.”
Deaton said the investor will make an announcement in a few weeks about the future layout of the building and the pricing per square foot.
Meanwhile, the former Bruno’s warehouse, which was occupied by New Hampshire-based C&S until its closure in 2013, is still on the market.
C&S was the largest creditor to now bankrupt Belle Foods. When Belle Foods filed for bankruptcy, C&S was forced to close the warehouse and cut 203 jobs.
Deaton said there has been significant interest in the 1.4 million-square-foot warehouse.
“There’s been huge interest, but we have not secured anybody yet,” Deaton said.
[/fusion_builder_column][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][ Read article at bizjournals.com][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]