A crane facility in Bessemer has changed hands in a $1.2 million deal. Pinter Memorials Inc. acquired 1355 Industrial Park Drive for almost $15 per square foot with financing from Synovus Bank, according to property records. The deal, which fetched more than 70% of the asking price, closed Feb. 19. Jordan Tubb, vice president at...Continue reading→

An office building in the middle of all the action in Parkside has a new owner. A Shannon Waltchack affiliate acquired the 101 Parkside building at the corner of First Avenue and 12th Street South right next to the Hesco building. The Dec. 31 deal went for $2.3 million, or about $188 per square foot,...Continue reading→

A prominent building along Birmingham’s “Main Street” has sold to local investors. Carter Hughes and Bret Connor acquired the Paramount building along 20th Street North as a long-term hold. The tenancy-in-common deal which closed on Dec. 31, went for $2.85 million, according to public records. Selling entity Fun City North LLC, which belongs to Matthew Hogan, had closed on...Continue reading→