A Birmingham manufacturer has relocated some of its office functions from one part of the metro to another. Coca-Cola Bottling Co. United moved office space from 600 Beacon Parkway in Birmingham to 200 Wildwood Parkway in Homewood. The relocation reduced its square footage, which the company’s vice president of public affairs and communications, Linda Sewell, … Read More
2022 Huntsville Market Survey The Huntsville commercial real estate market stabilized in 2021. The overall impact of the COVID pandemic is still being felt, but most of the sectors have bounced back very well. Many companies are still studying existing space needs and their future work-from-home plans. We anticipate some downsizing and an increase in … Read More
In 2021 Birmingham’s office market outperformed the 6 previous years and shifted the trend to positive by posting 150,781 SF of overall absorption. Overall occupancy increased by 0.42% to 85.40%.There were 6 large, class-A office building sales in 2021, the 2 largest in the CBD; both One Federal Place and Renasant Place traded to out-of-state … Read More
Graham&Co Sells Parts Sequencing Warehouse Leased to Mercedes Benz for $51.7 Million BIRMINGHAM, January 31, 2022 – Birmingham-based Graham & Company has successfully completed the disposition of a 530,000 square foot Class-A distribution center to Monmouth Real Estate Investment Corporation (NYSE:MNR). Situated on approximately 53.5 acres in Vance, AL, the facility is fully leased to … Read More
Several medical groups have partnered to redevelop a Greystone shopping center. Located at 5406 Highway 280 S., the Crossroads at Greystone will soon be redeveloped into a medically focused center. According to public records, The Crossroads at Greystone LLC sold the 50,000-square-foot retail center in Hoover of the same name to Crossroads 2021 LLC in … Read More
One of Birmingham’s newest law firms has relocated from the Lakeview area to Highland Avenue to accommodate its recent growth. Compton Jones Dresher is now leasing a new space at 2170 Highland Ave. S., Suite 250. It moved from an approximately 1500-square-foot location at 3100 Fifth Ave. S. in early November and is expecting to … Read More
Just a few years after acquiring a mostly vacant flex warehouse property in Mandarin, an investor sold the now fully occupied building to a new buyer. Birmingham, Alabama-based Graham & Co. recently sold the Gran Park at the Avenues building 500, located at 10255 Fortune Parkway, for $11.8 million. Information from the company shows the … Read More
Graham & Co/Sunbelt Paper & Packaging to Build a New Corporate Office and Distribution Center BIRMINGHAM, November 10, 2021 – Birmingham-based Graham & Company and Sunbelt Paper & Packaging announced today plans for a 216,000 square-foot state-of-the art distribution facility located in Calera, AL. Sunbelt Paper & Packaging, one of the largest privately owned packaging … Read More
A Hoover office building has sold for $3.55 million. Betre 6 Management LLC acquired the 27,204-square-foot building at 300 Riverchase Parkway E. from Barcroft Terrace Inc. The 3.9-acre property is located within a corporate business park and is zoned planned light industrial. A spokesperson at Graham & Co., which was the listing agent for the … Read More
The head of a Birmingham-based trucking company has been elected to lead a national trade association. Harold Sumerford Jr., CEO of J&M Tank Lines Inc., has been named chairman of the American Trucking Association board of directors. He succeeds Sherri Garner Brumbaugh, president and CEO of Garner Trucking. Under Sumerford’s leadership, his company has won numerous … Read More
