Graham & Company, partnering with Cooper Construction, broke ground on a 52,000 square foot build-to-suit industrial facility in Moody, Alabama today. The tenant, Gardner Denver Nash has signed a 20 year lease and will operate a state-of-the-art service and repair center for industrial liquid pumps and other equipment. Read more at: http://www.bizjournals.com/birmingham/news/2017/01/19/10m-st-clair-project-breaks-ground.html
The local industrial real estate market is stable heading into 2017, and several more deals could close before this year is over. Jack Brown of Graham & Co., who spoke at the CCIM/NAIOP Central Alabama Symposium last week, said Birmingham’s industrial market is strong, with most statistics showing a stabilization or improvement over 2015. Experts … Read More
Walter Brown, SIOR of Graham & Co. represented Avadian Credit Union in the purchase of Greensprings location. Avadian Credit Union, one of Birmingham’s largest credit unions, has purchased a branch building from Regions Bank, and will relocate its Oxmoor Road branch to the new location at 475 Green Springs Highway. Avadian’s current Homewood Branch is … Read More
Two Birmingham companies, AirMed International and Lifeguard Ambulance Service, have combined their offices in the Forum Building at the BJCC in downtown. The consolidation brings the combined operations space to more than 26,000 square feet on the seventh and eighth floors at the building located at 950 22nd St. N. There are more than 130 … Read More
Developers recently purchased two 20th Street properties in Five Points South and are working on long-term plans for the site. According to public records, 1024 1030 20th Street South LLC purchased the properties at 1024 and 1030 20th Street South in July from Southside Partners LLC for $1.15 million. The properties include a vacant space, … Read More
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
