Subscribe: Birmingham Commercial Real Estate News From CoStar Group
Preview: Birmingham Commercial Real Estate News From CoStar Group

Alabama Commercial Real Estate News From CoStar Group

CoStar Group, Inc. is the leading provider of information services to commercial real estate property investors and sales professionals in the United States and United Kingdom. CoStar's suite of services offers access to the most comprehensive database of


Fully Leased Medical Office Building Sells in Pell City

Fri, 12 Jan 2018 02:27:34 GMT

INRI Medical Associates PC has sold the Northside Medical Office Building at 70 Plaza Dr. in Pell City, AL for $9.34 million, or about $311 per square foot. The 30,000-square-foot, single-story medical office building is fully leased with Northside Medical Associates serving as its anchor tenant. As a part of the transaction, Northside Medical Associates agreed to enter a long-term, NNN lease. Completed in 201, the MOB is located near Ascension...

Following National Site Search Toyota, Mazda Pick Alabama for $1.6 Billion Assembly Plant

Wed, 10 Jan 2018 10:16:35 GMT

Alabama Gov. Kay Ivey joins Toyota and Mazda executives and local officials on Wednesday to announce the state's selection for the automakers' joint assembly plant in Huntsville. Credit: Alabama Governor's Office In addition to its state university winning the national championship in football, Alabama received even more good news this week when Toyota Motor Corp. and Mazda Motor Corp. announced they will build a joint assembly plant in Huntsville...

Local Investor Group Lands Dothan Power Center in $33.8 Million Deal

Wed, 03 Jan 2018 09:51:30 GMT

A dominant retail power center located near the Alabama-Florida border has traded hands in a $33.75 million deal. Morris Realty Co., comprised of a group of local investors, paid approximately $103 per square foot to InvenTrust Properties (NYSE: IARE) for the Dothan Pavilion, a 327,423-square-foot shopping mall located along Montgomery Hwy. in Dothan, AL. Built in 2007, the 89% leased center is anchored by Bed Bath and Beyond, Barnes & Noble...