News

Source: bizjournals.com Two Birmingham real estate companies announced more than 131,000 square feet of local industrial sales and leases. Graham & Co. said Shook & Fletcher leased 25,000 square feet at Avondale Commerce Park. Service Construction Supply leased 38,814 square feet at Airport Highway Park. Calhoun Warehouse Management purchased the former Robert F. Henry Tile … Read More

Source: Birmingham News When Salvation Army officials walked into a 33,000-square-foot warehouse in Birmingham on Friday, it was empty. On Saturday the building, obtained at no cost, opened to begin accepting donations of items that tornado survivors will need. By Monday morning dozens of volunteers had transformed the warehouse into a supermarket-style operation. Tornado survivors … Read More

Source: bizjournals.com Graham & Co. said its industrial group completed real estate transactions in the first quarter totaling more than 1.1 million square feet and valued at $21.7 million. In the Jefferson Metropolitan Industrial Park, Beauty Alliance, a subsidiary of L’Oreal, renewed and expanded its 220,000-square-foot class A distribution center, and Plastipak Packaging renewed its … Read More

Birmingham, Ala — Birmingham-based Graham & Company was recently recognized for its work in the community with the sale of the Georgia-Pacific plant in Tarrant, Ala., to Texas-based American Lumber. Graham & Company received the award for this deal, and it was recognized for being among one of the best deals in Commercial Real Estate … Read More

Birmingham, Ala. — Stacey R. Wadsworth has joined Graham & Company as a Property Manager in the Birmingham office. She brings more than seven years management experience to Graham & Company specifically in the areas of oversight retail space as well as experience in managing office and mixed-use projects. Her background includes work with individual, … Read More

Source: Bizjournals.com The economic recovery in the commercial real estate sector was a hot topic in downtown Birmingham Tuesday. Birmingham Commercial Real Estate Women held its monthly meeting with a panel of eight local real estate experts. Each were asked to give an update on the respective fields and here’s a summary of what many … Read More

Source: Birmingham News A railroad company has decided to sell a 7-acre tract of property that was once part of the Birmingham Terminal Station site, and commercial real estate professionals and downtown advocates think the land has considerable redevelopment potential. The 7.32 acres are east of the Elton B. Stephens Expressway and the railroad tracks … Read More

Source: Birmingham News For most of 2010, those who work on the front lines of Birmingham’s commercial real estate industry have said it “feels like” things are getting better. The problem is that in the real estate business, like NCAA recruitment allegations, it takes more than a feeling to convince those who have a stake … Read More

Source: The Birmingham News Sister companies that own Taco Bell and Sonic restaurant franchises have purchased a building in Liberty Park for $2.4 million with plans to make it their new corporate headquarters. Tacala LLC and Boom Foods LLC, which operate 162 Taco Bell and 70 Sonic locations, respectively, plan to move from the current … Read More

Source: Bizjournals.com American Lumber said it will transform the former Georgia-Pacific facility in Tarrant into a manufacturing facility. The Texas-based company recently closed the purchase of the 98,000-square-foot facility, which Georgia-Pacific used to manufacture corrugated paper, but did not disclose the purchase price. According to LoopNet, the asking price was $2.2 million. And it plans … Read More