A new distribution facility on Lakeshore Parkway is for a wholesale apparel company based in Florida.
TSF Sportswear has signed a long-term lease for the 187,000-square-foot distribution center that Graham & Co. is developing across from the Dollar General facility.
The final design of the new facility is in the works with construction expected to begin later this spring.
TSF Sportswear plans to relocate its Birmingham location from Oxmoor South Industrial Park to this new facility before the end of the first quarter of 2022. The new Class A distribution center will enable the company to expand its operational footprint to accommodate growth and add new employees.
“We’re appreciative of the great effort from the Graham team and look forward to occupying a fantastic new building,” said Doug Feinberg, director of warehouse operations at TSF Sportswear, in a prepared statement. “Additionally, this building adds to TSF’s position as a leading supplier to the promotional products industry.”
The industrial services group at Graham & Co. represented TSF Sportswear as it looked for a new location in the metro Birmingham area. Other project partners include U.S. Steel, the Birmingham Business Alliance, Alabama Power, Bradley Arant Boult & Cummings and the city of Bessemer.
“This is a great project for our market and the location continues to support the growing logistics hub on Lakeshore,” said John Coleman, senior vice president at Graham & Co. in a prepared statement.
Graham & Co.’s development division will oversee construction management of the project, and Graham Capital handled sourcing the debt and equity needed for the build-to-suit project.
As we reported, Graham & Co.’s affiliate Whitney Gin LLC acquired the 22-acre property from U.S. Steel (NYSE: X) for $1.2 million on March 18, according to property records.
Project partners include Civil Consultants Inc. and ARCO Design/Build Inc. Construction financing is expected to be provided by CenterState Bank.
The area has blossomed with massive new facilities for Amazon, Carvana, FedEx Ground and Lowe’s and also spawned more commercial and residential activity in Bessemer.