Birmingham-based Graham Commercial Properties has announced the sale of a large distribution center in Shelby Commerce Park. The 247,000-square-foot Class A building that was leased to Plantation Patterns in 2014 was sold for $11 million, according to a release from Graham Commercial Properties. “Execution of the Plantation Patterns lease and ultimate sale of this property … Read More
Dan Lovell, SIOR, LEED AP of Graham & Company represented the Purchaser in its acquisition of the 62,534 sf office building located in the heart of Office Park. Rich Campbell, III, CCIM of Veritas Commercial Real Estate represented the Seller in the transaction. The 500 Building on Office Park Drive in Mountain Brook has been … Read More
Sam Carroll, SIOR and Matt Gilchrist, of Graham & Company , represented the Landlord in this lease transaction. IberiaBank has leased approximately 8,033 square feet of additional office space at the Grandview II office building on Highway 280, further expanding the bank’s Birmingham footprint. The space has been leased to accommodate additional staff needed for … Read More
The vacancy rate for the Huntsville industrial market fell for the fourth straight year in 2014 to 8.97%. This rate marks an improved vacancy rate of over 3% from the 12.28% registered in 2011. The Huntsville vacancy rate is below the national average of 10.3%. The national industrial market has seen steady, positive improvement since … Read More
Graham & Company, a Birmingham commercial real-estate firm, announced Tuesday that it is opening a new office in Biloxi, Miss., to serve clients in Mississippi and Louisiana. Jeff Wilke, a 15-year veteran with Graham & Company, will serve as the managing partner of the new Gulf South regional office, according to a news release from the … Read More
UA Local 91 has acquired a large Birmingham industrial office building. The union, which primarily serves plumbers in the area, has purchased the 16,000-square-foot office warehouse building at 128 West Park Drive in Birmingham. Jack Brown of Graham & Co. represented the seller, Jack Kidd, in the deal. Graham’s Ogden Deaton represented the buyer. No … Read More
An investor has purchased the former site of Roto-Rooter on Industrial Drive. CHS Holding Co. LLC acquired the 6,000-square-foot building at 3865 Industrial Drive from Roto-Rooter Service Co. for $150,000, according to Jefferson County public records. Graham & Co. broker Jordan Tubb represented the owner in the sale. Michael Murray of Shannon Waltchack represented to … Read More
Birmingham-based Graham Commercial Properties has acquired a Class A industrial campus in Jacksonville, Fla.The company announced in a release this week the acquisition of Interstate South Commerce Center, a 25-acre site comprised of six flex space buildings. GCP purchased the property for $21 million. GCP is a real estate holding company that was formed in … Read More
Graham Commercial Properties has formed a management services firm. The Birmingham-based industrial acquisitions firm launched GCP Management Services LLC in order to integrate the property management and accounting divisions of its real estate company, Graham & Co. into GCP. The firm was formed in January. “We thought that forming GCP Management Services was a ‘win-win’ … Read More
[fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][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”] Birmingham-based Graham Commercial Properties has acquired a Class A industrial campus in Jacksonville, Fla. The company announced in a release this week the acquisition of Interstate South Commerce Center, a 25-acre … Read More
