News

Source: al.com BIRMINGHAM, Alabama — Graham & Co. brokers point to $18.8 million in commercial property sales in the second quarter as a sign that the Birmingham real estate market is on an upswing. Mike Graham, president of Graham & Co., said pent-up demand combined with ample inventory and low interest rates have provided continued … Read More

Source: al.com BIRMINGHAM, Alabama — With Dollar General giving its $100 million stamp of approval to a 100-acre site near Alabama 150 and Lakeshore Parkway, the owner of the surrounding 500 acres feels the time is right for that area to reach its long-promised commercial development potential. USS Real Estate, the property and development arm … Read More

Source: al.com Melissa Taylor and Leslie Cooper have joined Birmingham’s Cook & Bynum Capital Management in newly created positions. Taylor has been named director of communications. She was previously a manager with SNL Financial and worked in the public affairs office at General Dynamics. Cooper joins the firm as marketing coordinator. She previously served as … Read More

Source: bizjournals.com Two Birmingham real estate companies announced more than 131,000 square feet of local industrial sales and leases. Graham & Co. said Shook & Fletcher leased 25,000 square feet at Avondale Commerce Park. Service Construction Supply leased 38,814 square feet at Airport Highway Park. Calhoun Warehouse Management purchased the former Robert F. Henry Tile … Read More

Source: Birmingham News When Salvation Army officials walked into a 33,000-square-foot warehouse in Birmingham on Friday, it was empty. On Saturday the building, obtained at no cost, opened to begin accepting donations of items that tornado survivors will need. By Monday morning dozens of volunteers had transformed the warehouse into a supermarket-style operation. Tornado survivors … Read More

Source: bizjournals.com Graham & Co. said its industrial group completed real estate transactions in the first quarter totaling more than 1.1 million square feet and valued at $21.7 million. In the Jefferson Metropolitan Industrial Park, Beauty Alliance, a subsidiary of L’Oreal, renewed and expanded its 220,000-square-foot class A distribution center, and Plastipak Packaging renewed its … Read More

Birmingham, Ala — Birmingham-based Graham & Company was recently recognized for its work in the community with the sale of the Georgia-Pacific plant in Tarrant, Ala., to Texas-based American Lumber. Graham & Company received the award for this deal, and it was recognized for being among one of the best deals in Commercial Real Estate … Read More

Birmingham, Ala. — Stacey R. Wadsworth has joined Graham & Company as a Property Manager in the Birmingham office. She brings more than seven years management experience to Graham & Company specifically in the areas of oversight retail space as well as experience in managing office and mixed-use projects. Her background includes work with individual, … Read More

Source: Bizjournals.com The economic recovery in the commercial real estate sector was a hot topic in downtown Birmingham Tuesday. Birmingham Commercial Real Estate Women held its monthly meeting with a panel of eight local real estate experts. Each were asked to give an update on the respective fields and here’s a summary of what many … Read More

Source: Birmingham News A railroad company has decided to sell a 7-acre tract of property that was once part of the Birmingham Terminal Station site, and commercial real estate professionals and downtown advocates think the land has considerable redevelopment potential. The 7.32 acres are east of the Elton B. Stephens Expressway and the railroad tracks … Read More