source: bizjournals.com Among the benefits of having a downtown area ballpark – and there are many – there’s one that’s gone almost unnoticed. Industrial real estate is getting a big boost as companies and organizations displaced by the Birmingham Barons are leasing spaces around town. One of those is the health care company Crothall Services … Read More

Source: al.com BIRMINGHAM, Alabama — William & Carrigan is moving to Morris Avenue with new offices and a large stone yard that will allow the artistic masonry company to grow into retail sales. William & Carrigan recently closed on the purchase of a 1.1 acre lot at the southeastern end of Morris Avenue and 25th … Read More

Source: al.com Birmingham’s Graham & Co. said it has made promotions. Charlie Crane, who has been with the commercial real estate firm for 16 years, has been promoted to senior accountant. Maria Goldschmidt, with the firm for 11 years, has been promoted to vice president of finance. Betsy Lumpkin, who joined the firm last year … Read More

Source: bizjournals.com Pickings are still slim in the Birmingham metro’s industrial real estate market, but experts say a national uptick in sales and leases could foreshadow a local boost. The vacancy rate among Birmingham metro industrial properties fell to 24.2 percent at the end of 2011 from 29.8 percent at the end of 2010, according … Read More

Source: bizjournals.com Big-box retailers are leaning away from big-box spaces, and experts say that’s pushed Birmingham area property owners to think outside the big box to find new tenants. Since the recession, when several large retailers closed in the area, real estate professionals say they’ve seen a surge in creative reuse – when space is … Read More

Source: al.com Graham & Co’s Jacksonville Office Team Awarded U.S. Green Building Council (USGBC) North Florida Chapter’s annual Building Design And Construction Award, naming 550 Water Street as its 2011 recipient project. Pictured are: Peter Crolius, Managing Broker; Genny Spence, Administrative Assistant; Ron Kirkland, Director of Property Management and Mark Scott, Senior Director/Industrial Markets [ … Read More

Source: al.com BIRMINGHAM, ALABAMA — Arlington Properties has started work on the $23 million Tapestry Park apartment project on 16 acres off Montclair Road, once home to John Carroll Catholic High School’s athletic fields. The development will have 223 apartments in six buildings when it is constructed in the next 12 to 14 months, with … Read More

Source: bizjournals.com Graham & Co. reported the following deals: Graham & Company sold 3.2 acres at 3225 Montevallo Road in Mountain Brook. The development site formerly served as the former Knesseth Israel synagogue which relocated to Overton Road. Realty Choice also participated as broker in the transaction. The Catholic Diocese of Birmingham purchased a 15,268 … Read More

Source: bizjournals.com CRE deals Graham & Co., a Birmingham real estate firm, reported the following deals: Helix Systems – a Bessemer electrical, engineering and automation solutions company – purchased a 10,000-square-foot industrial building at 5530 Powder Plant Lane. Jack Brown and John Coleman handled the transaction. GFA Inc., a New Jersey based logistics company serving … Read More

Source: al.com BIRMINGHAM, ALABAMA — Bart Smith was recently appointed to the Alabama Center for Real Estate (ACRE) Leadership Council at The University of Alabama. Bart joined Graham & Company in 2002 and specializes in the office sector and has earned the Society of Industrial & Office Realtors (SIOR) designation, as well as the Certified … Read More