International Park office buildings sell for $34M

A local real estate investment group bought two office buildings in Hoover. Shamrock Investments purchased 1800 International Park and 1900 International Park for $34.5 million. Sam Carroll of Graham & Co. represented the company in the purchase. Both buildings are Class A office properties. The 1900 building is approximately 65,000 square feet and is 100 percent occupied. … Read More

Peoples Bank of Alabama opens new downtown office

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What to know about downtown office redevelopment ‘The Frank’

Sam Carroll and Walter Brown are leasing this historic office building current being redeveloped. Work is underway on a major redevelopment project in the heart of downtown Birmingham. The Frank Nelson Building, a historic building at the corner of 20th Street and Second Avenue North, is being redeveloped into “The Frank” by local group Orchestra … Read More

Business Leader Buys Building Near Carraway

A building near the former Carraway hospital has been purchased by a Birmingham business leader. Red Roof Investments LLC, registered to former Momentum Telecom Chair Liz Pharo, purchased the vacant building located at 2401 15th Ave. N. Red Roof Investments purchased the property from SBN V REO LLC for $500,000, according to public records. Joe … Read More

Real estate firm acquires Greystone office building

Walter Brown, SIOR represented the Seller in the disposition of 100 Village Street.   A commercial real estate company purchased an office property in the Greystone area for its new office. Pharos-Hunt LLC purchased 100 Village St., an office property off of Hugh Daniel Drive near U.S. 280 in the Greystone area of Hoover. The … Read More

GCP Sells Charlotte Property

Birmingham-based commercial real estate company GCP sold a large industrial property in Charlotte, N.C., for $19.55 million. GCP said it sold 2100 The Oaks Parkway, a two-building 125,213-square-foot Class A warehouse and office campus. The buyer was the tenant at the property, Vallen Distribution Inc. “Vallen is an ideal tenant, and we are pleased with … Read More

2019 Huntsville Market Report

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Properties Near Pepper Place sold for $2.8M in Seperate Deals

More property near Pepper Place is changing hands. Two adjacent properties on Second Avenue North in the district were recently sold. Full Circle Properties LLC purchased the properties at 3025 and 3029 Second Avenue South from The Geo. F. Wheelock Co., according to public records. The purchase price was $1.33 million. Sonny Culp represented the … Read More

Milo’S Tea Opens Office Space in Homewood

Jerry Grant, CCIM represented the Landlord at Lakeshore Park Plaza in its lease to Milo’s Tea Company, Inc., bringing the building occupancy to 90%. Milo’s Tea Co. has opened a new office in Homewood’s Lakeshore Park Plaza. The company relocated approximately 50 positions in the accounting, finance, sales, marketing and administration teams from its Bessemer … Read More

2018 Huntsville Market Report

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