Graham & Co. Sells 4251 Turin Drive to Barber Companies for $17 Million

February 6, 2024  09:00 AM  Central Standard Time

 

BIRMINGHAM – Graham & Co., a full-service commercial real estate firm serving the Southeast, and Barber Companies, a private investment firm, announced that Graham & Co. has sold a class-A industrial warehouse along the Lakeshore Parkway corridor to Barber Companies for $17 million.  Located at 4251 Turin Drive in Bessemer, the 187,200 square foot, rear-loaded warehouse features a 32-foot ceiling height and 31 dock-high doors.  Flexibly designed for one or two tenants, the warehouse is strategically positioned for favorable access to I-20 and I-65.  Nearby distribution operators  include FedEx, Dollar General, Amazon, and Lowe’s.  Graham developed the property in 2021 and completed construction in June 2022.  The sale represented a win-win for seller and buyer:  a strong, swift outcome for Graham, and a well-located, well-built asset that complements Barber’s existing class-A industrial portfolio.

“4251 Turin is an exceptional modern asset and it’s nice to have it remain with local ownership.  It was a pleasure working with our friends at the Barber Companies and we’re hopeful for more opportunities in the future,” said John Coleman, Senior Vice President at Graham & Company.


“Turin Drive is a beautiful asset with strong fundamentals that fits well within our long-term investment model.  We are grateful to the Graham team for a seamless transaction,” added Charles Miller, Barber’s President and CEO.

John Coleman and Matthew Graham led Graham & Company’s selling efforts, while Gifford Taylor and Merrimon Epps spearheaded the acquisition for Barber Companies.  The transaction closed February 2, 2024.

About Graham & Co

Founded in 1978, Graham & Company is a full-service commercial real estate firm with offices in Birmingham, Huntsville, and Panama City, Florida. Graham offers investment sales, leasing, property management, and development services.

Graham & Company has been involved in the development and management of industrial properties, office buildings, office/service centers, and office rehabilitation projects throughout the Southeast. Over the last 20 years, Graham & Company has delivered more than 11 million SF of build-to-suit and speculative industrial and office projects, each involving a unique set of challenges and hurdles to overcome.

Graham Report 2024

Take a look the Graham Report for 2024. Despite challenges in larger markets nationwide, our company experienced a busy 2023. There is considerable discussion about the stability of commercial real estate in the coming months, and possibly years. Regardless of the outlook, our commitment remains unwavering. We are dedicated to serving property owners, landlords, tenants, investors, and, most importantly, our community, helping them navigate the commercial real estate landscape.

Go Exploring with Crosby and Sonny

Step into the exciting world of development with Crosby and Sonny as they embark on a journey that promises to redefine the landscape of Messer Airport Hwy. This dynamic duo is about to share their passion and insights, unraveling the story behind the scenes at this development. Click below to hear for whom this is being developed and what this means for the north Birmingham Industrial District.

Want watch the build? See the latest here.

Creative Polymer Solutions expands local footprint with new warehouse

Graham & Co. broker, Jordan Tubb, SIOR represented Creative Polymer Solutions (CPS) in leasing 80,750 SF of bulk warehouse space at 3217 Messer Airport Highway. CPS is a formulator and manufacturer of polyurethane systems and coatings. Creative Polymer has experienced tremendous growth in the last few years, and this facility will serve as their new corporate offices as well as include a state of the art innovation center with multiple research and development laboratories. CPS’s expansion will bring 30 new jobs to downtown Birmingham and a fantastic adaptive reuse of this property!

Learn more on the BBJ.

Graham & Co. breaks ground on Ford Pro Elite facility

Innovation Ignites: Ford Pro Elite Commercial Service Center to Elevate Birmingham’s Vehicle Maintenance Scene

With innovation propelling the automotive industry forward, Graham & Co. has officially begun laying the ground work on the Ford Pro Elite Commercial Service Center. Scheduled for an April debut, this cutting-edge facility promises to reshape how businesses in the Greater Birmingham area manage their commercial vehicles, ushering in a new era of efficiency and convenience.

Redefining Vehicle Care Dynamics

Graham & Co. and Stivers Ford of Birmingham are steering the commercial vehicle maintenance landscape towards a novel direction with the Ford Pro Elite Commercial Service Center. Beyond bricks and mortar, this facility spanning 70,000 square feet signifies a leap towards a customer-oriented future, powered by ingenuity.

Addressing Local Business Demands

Eddie Stivers, head of Stivers Automotive Groups, address the crowd at August 29th’s Ground Breaking Ceremony.

Eddie Stivers, at the helm of Stivers Automotive Group, has a finger on the pulse of local business needs. Recognizing a gap in comprehensive vehicle maintenance options, the Ford Pro Elite Commercial Service Center steps in. It will extend service hours, integrate top-notch training and tools, expand service bays, introduce mobile service choices, and cater to a wide range of vehicles, enabling businesses to maintain momentum without downtime disruptions.

An Unmatched Service Array

The Ford Pro Elite Commercial Service Center marks a significant milestone for Birmingham. It’s Alabama’s maiden Ford Pro Elite commercial facility and embraces Ford as well as non-Ford vehicles, encompassing commercial models from Class 1 to 7 and electric vehicles. Bolstered by over 50 repair stations, a cutting-edge body shop, and a comprehensive commercial parts operation, the center’s promise is swift and efficient service.

Revitalizing Spaces, Spurring Growth

Nestled at the intersection of Messer Airport Highway and 30th Street North, this 6-acre site redefines rejuvenation. What was once a auto junk yard, now stands as a testament to reclamation. Although this is big news for both Graham and Stiver’s Ford, the real win is for the economic resurgence taking center stage, as the potential for more than 150 full-time jobs materializes

April’s horizon gleams with anticipation as the Ford Pro Elite Commercial Service Center prepares for its debut. Birmingham’s commercial vehicle maintenance landscape is on the cusp of a transformation. Innovation meets convenience, and partnership ignites growth. With a symphony of progress conducted by Graham & Co. and Stivers Ford, Birmingham’s streets are primed to witness a dynamic automotive evolution, where efficiency, innovation, and business vitality intersect.

 

A portion of the Graham & Company Team: Henry V. Graham, II, President; Matthew Graham, CEO; Sonny Culp, Senior VP, Crosby Taylor, Associate; Ogden Deaton, Senior VP

 

Big Things are on the Horizon for North Birmingham’s Industrial District

As our city holds its breath in anticipation, one thing is certain: the future is on the cusp of being reshaped for one part of Northern Birmingham’s Industrial District. The imaginations of residents and observers alike are piqued — sparking conversations, predictions, and a renewed sense of pride in the city’s potential. With economic growth, job creation, and community transformation on the horizon, Birmingham’s journey toward a brighter tomorrow is well and truly underway.

Stay tuned as we follow this exciting journey and witness the transformation unfold before our very eyes. The excitement is palpable, and the future is looking brighter than ever for Birmingham, Alabama. Stay Tuned!

Matthew Graham Among Birmingham’s Emerging Influencers

Photo of Mathew Graham CEO of Graham and company. Congratulations to Matthew Graham for being among the BBJ’s emerging influencers of 2023!  Matthew made the transition to CEO of Graham & Co in April of 2023. As CEO, Matthew leads the development and execution of Graham & Company’s vision & strategy. Mathew’s entrepreneurial spirit, mixed with his institutional knowledge promotes Graham & Co’s continued growth and success our brokerage and additional real estate services.

Again, congratulations to Matthew, and to all those featured here: Meet Birmingham’s emerging influencers for 2023

Matt Gilchrist Obtains His SIOR Designation

Congratulations to Matt Gilchrist, Vice President, for achieving the SIOR designation awarded by the Society of Industrial and Office REALTORS®! SIOR is a Washington, DC-based global organization with over 3,700 members in 722 cities & 45 countries. (more…)