Birmingham, AL (September 2026) – Graham & Company, an Alabama-based commercial real estate services and development firm, and Graham Capital, its Birmingham, Alabama-based real estate investment affiliate, recently announced the disposition of a newly developed, 460,000 SF industrial build-to-suit in Montgomery, Alabama for $66.5mn. The buyer was confirmed to be PRP Real Assets, a Washington, DC-based real estate investment firm.
The brand new, class-A asset is leased to Hyundai MOBIS, the largest Tier-One supplier to both Hyundai Motors and KIA Motors, for fifteen years. The distribution center is an expansion of the adjacent MOBIS campus in Montgomery on Mitchell Young Road and supports the growing aftermarket needs of both Hyundai and KIA vehicles across a national network, including dealerships. The facility features a cross-dock design and is expandable by an additional 270,000 SF. Graham & Company’s industrial brokerage team handled site acquisition, leasing, and disposition. The firm’s property management division oversees ongoing operations at the facility, and Graham Capital served as equity partner and sourced financing for the project’s development.
“We truly appreciate the MOBIS team entrusting this significant project to Graham & Company. Our contractors, vendors, and the economic development professionals in Montgomery County all joined together to help MOBIS grow its footprint in Alabama,” said Sonny Culp, Senior Vice President at Graham & Company.
Montgomery has become a key hub for automotive manufacturing and supply chain investment in the Southeast. MOBIS’s expansion reflects continued growth in aftermarket parts distribution supporting Hyundai and KIA dealerships nationwide, reinforcing the region’s role as a critical logistics and manufacturing corridor.
“This transaction is a great example of our build-to-suit strategy working as intended, from site selection through stabilized disposition. We’re proud of the outcome for MOBIS and for our Graham Capital investors, and it reinforces our continued focus on industrial development across the Southeast,” said Taylor Graham, Principal at Graham Capital.
About Graham & Company
Founded in 1978, Graham & Company is a full-service commercial real estate firm with offices in Birmingham, Huntsville, and Panama City, Florida. Graham offers investment sales, leasing, property management, and development services.
Graham & Company has been involved in the development and management of industrial properties, office buildings, office/service centers, and office rehabilitation projects throughout the Southeast. Over the last 20 years, Graham & Company has delivered nearly 12million SF of build-to-suit and speculative industrial and office projects, each involving a unique set of challenges and hurdles to overcome.
Graham & Co.’s projects and properties are managed by a staff of seasoned real estate professionals, including many who have earned prestigious designations such as SIOR, CRE, CCIM, LEED, RPA, CPM, and MAI.
About Graham Capital
Graham Capital is a real estate investment company based in Birmingham, Alabama, focused on the acquisition and development of highly functional distribution centers in high-growth Southeastern industrial markets, which continue to experience above-market rent growth, high barriers to entry, and the deepest demand among institutional investors.