Following several large deals in the first half of the year, experts say Birmingham’s industrial real estate market is off to a strong start in 2016. Ogden Deaton, senior vice president in Graham & Co’s industrial group, said the market is well ahead of where it was at this point in 2015. “We’re still about … Read More
Auto supplier opening $11 million Birmingham plant An Austrian auto supplier is opening an $11.1 million plant in Birmingham. Voestalpine Automotive Body Parts Inc. will outfit an existing facility at 260-A Lyon Lane off of Lakeshore Parkway in Birmingham. “This investment is an important step in the growth strategy of our company in the U.S.,” … Read More
Graham & Company and GCP employees will be participating in the Birmingham Heart Walk on Saturday, June 11th! Our team “Prayers for Parker” is walking in honor of our associate Ashley Neil and her daughter Parker, who was recently born with HLHS. We are excited to be supporting the AHA and their fight to end … Read More
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”3_4″ layout=”3_4″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=”” min_height=””][fusion_text] After five straight years of overall positive absorption in the multi-tenant market, the market lost ground in 2015. With an oversupply of office/warehouse properties as … Read More
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”3_4″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text] After two years of positive absorption, the overall market posted -90,549 sf absorption. Occupancy dropped slightly to 90.06%, but remained higher than 2013 and 2014. While the numbers … Read More
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”3_4″ layout=”3_4″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=”” min_height=””][fusion_text] The 2015 Huntsville commercial real estate market performed well in the industrial and retail sectors. The office market, however, continued to lag, but it appears … Read More
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”3_4″ last=”no” spacing=”yes” center_content=”no” hide_on_mobile=”no” background_color=”” background_image=”” background_repeat=”no-repeat” background_position=”left top” hover_type=”none” link=”” border_position=”all” border_size=”0px” border_color=”” border_style=”” padding=”” margin_top=”” margin_bottom=”” animation_type=”” animation_direction=”” animation_speed=”0.1″ animation_offset=”” class=”” id=””][fusion_text] Industrial: The Northeast Florida Market finished with key fundamentals moving in a positive direction. In 2015 over $325 million in sales transactions (5.6 MSF) closed, the vacancy … Read More
Coca-Cola Bottling Company dedicated its new, state-of-the-art $35 million distribution center and warehouse in Montgomery on Tuesday. Montgomery Coca-Cola has added 63 jobs to the workforce since November 2014, and now employs 310 with an annual payroll of approximately $13 million, the company announced. “The addition of the state-of-the art regional distribution center further enables … Read More
The site that will be Children’s Lighthouse early child care center in Hoover was recently purchased for $620,000. As we’ve previously reported, Children’s Lighthouse plans to build a 10,500-square-foot facility on the one and a half acre site located at 4731 Chace Circle, right off U.S. 31 in Hoover’s Chace Landing development. Ira Levine of … Read More
Tonight, the old Trinity hospital campus sits empty. It has a new home in Grandview Medical Center on Highway 280. But what does the future hold for the facility? The old campus is 20 acres, with more than 900,000 square feet of redevelopment space. The plan is to give these buildings new life. Grandview President … Read More
